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*** Fitch affirms China at A+, outlook......>

RATINGS
RATINGS: *** Fitch affirms China at A+, outlook stable.
- Fitch believes that China's real GDP growth will slow to 6.5% in 2018 and 6.1%
in 2019, and notes that trade tensions with the US have clearly risen, posing a
downside risk to their baseline outlook.
- Fitch notes that China's ratings are supported by the strength of its external
finances and track record of delivering stable growth and low inflation.
- Fitch also highlights that the imposition of tighter financial regulations
since early 2017 has prompted a notable deceleration in credit growth.
- The ratings agency cautions that the implication for economic policy from
president Xi's consolidation of power remains uncertain.
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

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