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Chinese credit rating agency downgrades US

Thu 17 Oct 13 | 01:06 PM ET
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Chinese credit rating agency downgrades US

Thu 17 Oct 13 | 01:06 PM ET
The Xinhua news agency in China says U.S. politicians have done "nothing substantial but postponed once again the final bankruptcy of global confidence in the U.S. financial system." CNBC's Michelle Caruso-Cabrera reports a credit ratings agency in China downgraded the U.S. to A- from A.
 
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