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

Craig Erlam

Senior Market Analyst - UK & EMEA at OANDA
Based in London, Craig Erlam joined OANDA in 2015 as a Market Analyst. With many years of experience as a financial market analyst and trader, he focuses on both fundamental and technical analysis while producing macroeconomic commentary. His views have been published in the Financial Times, Reuters, The Telegraph and the International Business Times, and he also appears as a regular guest commentator on the BBC, Bloomberg TV, FOX Business and BNN. Craig holds a full membership to the Society of Technical Analysts and is recognised as a Certified Financial Technician by the International Federation of Technical Analysts.
Craig Erlam