PBOC Plans Meeting With Credit-Rating Firms on State of Industry

  • Development and problems in the industry said to be on agenda
  • PBOC has been making efforts to bolster quality of ratings
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The People’s Bank of China has invited major credit-rating companies to a Friday meeting to discuss the development of — and problems with — their industry, said people familiar with the matter.

The PBOC didn’t immediately reply to a faxed request for comment.