The head of China's largest credit rating agency has criticised western counterparts for causing the global financial crisis and said that, as the world's largest creditor nation, China should have a bigger say in how governments and their debt are rated.
“The western rating agencies are politicised and highly ideological and they do not adhere to objective standards,” Guan Jianzhong, chairman of Dagong Global Credit Rating, told the Financial Times in an interview.
“China is the biggest creditor nation in the world and, with the rise and national rejuvenation of China, we should have our say in how the credit risks of states are judged.”
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