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The man who leads one of China’s top rating agencies says the greenback’s status as the world’s reserve currency is set to wane as the world’s most powerful policy makers convene to examine the implication of S&P’s decision to strip the United States of its triple “A” rating. more...

China's Dagong Global Credit Rating has cut the credit rating on U.S. sovereign debt further to A from A+, Chen Jialin, general manager of the international department at the firm confirmed to CNBC on Wednesday. more...