S&P downgraded the sovereign rating of China

© AP Photo / Henny Ray AbramsStandard & Poors. Archival photoS&P downgraded the sovereign rating of China© AP Photo / Henny Ray Abrams

The international rating Agency S&P Global Ratings (S&P) downgraded the sovereign ratings of China in national and foreign currencies from «A+» from «AA-» with a stable Outlook, said in a release from the Agency.

Short-term ratings of the country in national and foreign currency also lowered to «A-1» from «A-1+».

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