Ratings agency S&P Global is eyeing China’s $11 trillion bond market

Financial services and ratings giant S&P Global is honing in on China’s $11 trillion bond market, a move that may spell good news for international investors in search of more reliable ratings for bonds.

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Melvin Gordon #28 of the Los Angeles Chargers scores a six-yard touchdown against the Oakland Raiders during their NFL game at Oakland-Alameda County Coliseum on October 15, 2017 in Oakland, California.Federal Reserve Chairman Jerome Powell gives testimony on the economy and monetary policy before the Senate Banking Committee in Washington, July 17, 2018.