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Sovereign Risk Ceilings: Rethinking Credit Assessment Through Risk Disaggregation
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Sovereign Risk Ceilings: Rethinking Credit Assessment Through Risk Disaggregation

Diagnosing how the sovereign ceiling functions as a simplifying shortcut that can obscure meaningful differences across borrowers, and proposing an alternative credit rating approach based on disaggregating sovereign risk into specific transmission channels.

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FDI Perspective No. 112: “The China-United States BIT negotiations: A Chinese perspective,” by Sheng Zhang

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This Perspective adds another dimension to the ongoing China-US BIT negotiations from a Chinese perspective. The negotiation of a successful BIT requires best endeavors from both sides, and China’s recent FDI policy movements toward a more liberal regulatory framework point to increased coherence in the positions of the two countries in the context of the BIT negotiations.

A translation in Mandarin is also available via the “Download Resources” button.

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