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| Re: | Dachshund Puppy Wanted | | Ad: | A few months http://hqporner.in.net/ hqporner We downgraded China's Local-Currency Issuer Default Rating to 'A ' from 'AA-' in April, reflecting the growth of general government indebtedness - driven at the local government level - since 2008, and our concern over risks to China's financial stability because of continued rapid credit growth. The Outlooks on the LC IDR and on China's 'A ' Foreign Currency IDR, which is supported by the strength of the sovereign's foreign currency balance sheet, are Stable.
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