ICYMI - S&P rating agency has downgraded another Chinese property developer ...Middle East

China's property sector remains in deep distress. Rating agency S&P lowered Chinese property developer Longfor's credit rating to BB+ from BBB-Set a Negative outlookAdds that it believes the firm will be able to repay debt in next 12 months This article was written by Eamonn Sheridan at www.forexlive.com.

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