Foreign Ministry Spokesman Responds to a Question on S&P's Downgrading of Its Outlook on the U.S. Sovereign Credit Rating_Rules and Regulations Interpretation

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000014453-2019-0136
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2011-04-20
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State Administration of Foreign Exchange
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Foreign Ministry Spokesman Responds to a Question on S&P's Downgrading of Its Outlook on the U.S. Sovereign Credit Rating

Foreign Ministry Spokesman Responds to a Question on S&P's Downgrading of Its Outlook on the U.S. Sovereign Credit Rating

Q: The international credit rating agency Standard & Poors yesterday warned that it will revise downward its outlook on the U.S. sovereign credit rating. Since China is a big holder of U.S. Treasury bonds, is there any concern about the safety of its investments?

A: We have noticed that the S&P has revised its outlook on the U.S. sovereign credit rating from stable to negative. As a major target of institutional investors in the U.S and throughout the world, Treasury bonds reflect the credibility of the U.S. government. We hope that the U.S government will take responsible measures to guarantee the interests of its investors.

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