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China hits back after Fitch Ratings downgrades credit outlook, Beijing says local debt risks are controllable

Ministry of Finance says it is a ‘pity’ to see Fitch Ratings revise the outlook on China’s sovereign debt from stable to negative due to concerns over property and public finance stress.

By: scmp.com

Apr 10 2024
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6884 Views

China hits back after Fitch Ratings downgrades credit outlook, Beijing says local debt risks are controllable

Ministry of Finance says it is a ‘pity’ to see Fitch Ratings revise the outlook on China’s sovereign debt from stable to negative due to concerns over property and public finance stress.

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Face of 75,000-year-old Neanderthal woman unveiled by UK researchers