Chinese credit agency cuts U.S. ratings to BBB+, on par with Peru

중국 신용평가사, 미 신용등급 'BBB+'로 강등…페루와 동급
A major Chinese credit rating agency has cut the sovereign ratings of the United States to BBB+ from A-, putting the American economy on par with Peru, Colombia and Turkmenistan.
In a statement on Tuesday, Dagong Global Credit Rating cited Washington's tax reduction scheme announced last month as weakening the country's ability to repay debt.
President Trump's tax package is estimated to add one-point-four trillion dollars over a decade to the 20-trillion-dollar national debt burden.
The agency also warned that America's increasing reliance on debt to drive development would erode its solvency.
The ratings downgrade is in stark contrast with U.S ratings agencies.
Moody's has given its highest AAA sovereign rating for the U.S. economy, while S&P Global rates it AA+.

Arirang News Facebook: http://www.facebook.com/arirangtvnews
------------------------------------------------------------
[Subscribe Arirang Official YouTube]
ARIRANG TV: http://www.youtube.com/arirang
ARIRANG RADIO: http://www.youtube.com/Music180Arirang
ARIRANG NEWS: http://www.youtube.com/arirangnews
ARIRANG K-POP: http://www.youtube.com/arirangworld
ARIRANG ISSUE: http://www.youtube.com/arirangtoday
ARIRANG CULTURE: http://www.youtube.com/arirangkorean
------------------------------------------------------------
[Visit Arirang TV Official Pages]
Facebook: http://www.facebook.com/arirangtv
Twitter: http://twitter.com/arirangworld
Instagram: http://instagram.com/arirangworld
Homepage: http://www.arirang.com
------------------------------------------------------------
[Arirang K-Pop]
YouTube: http://www.youtube.com/arirangworld
Facebook: http://www.facebook.com/arirangkpop
Google+: http://plus.google.com/+arirangworld


(Source: ARIRANG NEWS, https://www.youtube.com/watch?v=XtbLTuYDnhI)