Credit assessor S&P Global Ratings has been given permission by Chinese regulators to register for credit ratings in the country 's interbank markets , according to a statement by the People 's Bank of China ( PBOC ) . While PBOC 's statement did not mention Global Ratings or Moody 's Investor Service , it said the appearance of a global ratings company will meet overseas investors ' demand for Chinese - dominated assets and better credit rating quality in the Chinese market .
Credit assessor S&P Global Ratings has been given permission by Chinese regulators to register for bond rating in the country's interbank market, according to a statement by the People's Bank of China (PBOC). While PBOC's statement did not mention Fitch Ratings or Moody's Investor Service, it said the appearance of a global ratings company will meet overseas investors' demand for renminbi-dominated assets and better credit rating quality in the Chinese market.