China Hard Landing Unlikely but Debt Levels a Concern: Fitch

The slowdown in China worrying global investors is unlikely to result in a hard landing although high debt levels are a concern, said Fitch Ratings in a special report released on Wednesday.

Fitch is still maintaining its stable outlook on China’s credit rating for now, unlike peers Standard & Poor’s and Moody’s Investors Service who have lowered the outlook in recent weeks amid concerns over debt levels in the world’s second-largest economy.

The slowdown in China worrying global investors is unlikely to result in a hard landing although high debt levels are a concern, said Fitch Ratings in a special report released on Wednesday.

Fitch is still maintaining its stable outlook on China’s credit rating for now, unlike peers Standard & Poor’s and Moody’s Investors Service who have lowered the outlook in recent weeks amid concerns over debt levels in the world’s second-largest economy.

CNBC

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Craig Erlam
Based in London, England, Craig Erlam joined OANDA in 2015 as a Market Analyst. With more than five years' experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while conducting macroeconomic commentary. He has been published by The Financial Times, Reuters, the BBC and The Telegraph, and he also appears regularly as a guest commentator on Bloomberg TV, CNBC, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and he is recognized as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam

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