Corporate executives from Dagong Overseas Investment Co. Ltd., led by its President Mr. Johnston Guo, paid a courtesy call on H.E. Erlinda F. Basilio on 02 July 2015. 

At the meeting, Dagong briefed Ambassador Basilio on the company’s domestic and overseas operations and its services.  They informed the Ambassador that it has been experiencing rapid expansion in recent years, partly due to the surge in overseas Chinese direct investments in both developed and developing countries. 

Founded in 1994, Dagong Global Credit Rating Co., Ltd. was jointly approved by the People’s Bank of China and the former State Economic and Trade Commission (which has been incorporated under the Ministry of Commerce).  Dagong is also considered as the biggest credit rating agency in China, with over 200 market analysts and 30 branch offices in China.  At present, the company has branches in Hong Kong, E.U., and Malaysia.