China - BBB

Debt/GDP = 0,175 (17,5%) Accumulated deficit for last 5 years/budget income for last 5 years = 0,05 Years since last default = 62 (Participation in WW2 and a civil war is de facto a default of China till 1950) 5-year inflation = 0,19 (19%) Budget expences/GDP = 0,24 Trade deficit/GDP = -0,033 (China has a trade surplus) World GDP per capita/Country GDP per capita = 1,69 Political factor = 0,4 Crisis factor = 0,3 (3rd party war at the borders) Other unique factors = 1,5 (not guaranteed human rights, not guaranteed private property) OVERALL CREDIT SCORE: 0,756 (75,6%). This responds to BBB. Calculated with this(new) formula: r = 10/{[1+(debt/GDP)] + [1+10*(accumulated deficit for last 5 years/budget income for last 5 years)] + [1 + (10/years since last default)] + [1+3*(accumulated of last 5 years inflation)] + [1+(budget expences/GDP)] + [1+ 10* (trade deficit/GDP)] + [world's GDP per capita/country's GDP per capita] + [1+political factor] + [1+crisis factor] + [Other unique factors]} ------------------------------------------- ------------------------------------------- The rating, calculated with the old formula: Debt/GDP = 0,175 (17,5%) Accumulated deficit for last 5 years/budget income for last 5 years = 0,063 Years since last default = 62 (Participation in WW2 and a civil war is de facto a default of China till 1950) 5-year inflation = 0,19 (19%) Budget expences/GDP = 0,17 Trade deficit/GDP = -0,028 (China has a trade surplus) Political factor = 0,4 Crisis factor = 0,3 (3rd party war at the borders) OVERALL CREDIT SCORE: 0,821 (82,1%). This responds to A.

 

< Prev		Next >