• Fitch Rating affirms China ratings

Market news

28 June 2021

Fitch Rating affirms China ratings

Reuters reports that Fitch Ratings affirmed China's ratings at "A+" with a stable outlook, saying the country's economy has entered a mature stage in its COVID-19 pandemic recovery.

Fitch forecast China's gross domestic product growth at 8.4% in 2021 and 5.5% in 2022.

On Friday, S&P Global Ratings also affirmed the country's ratings.

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