Fitch: Hard landing in China unlikely

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Apr 6, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    Fitch rating agency is crossing the wires, noting that a hard landing in China is unlikely but reform scepticism is rising.


    Believe strongly that China has the administrative and financial resources to avoid a disruptive slowdown to near-zero growth

    Degree of clarity over authorities' reform strategy remains low relative to scale of risks

    High and rising leverage in China economy is source of systemic

    Vulnerability, has been reason why Fitch not raised into 'AA' category
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