Russian Economy: According to a Chinese Rating Agency, Russian Debt Would Now Be as Reliable as Italy's.

The main Western rating agencies (S&P, Moodys, Fitch) left Russia in March 2022, suspending their activities in the country and withdrawing their ratings following the large-scale invasion of Ukraine a month earlier. Marking its international isolation, since that date Moscow has had no sovereign assessment by a foreign agency.7 The BBB+ rating awarded on 12 May 2025 by Chinese agency China Chengxin Credit Rating Group (CCXI) is Russia's first c…