Fitch Ratings maintained the sovereign ratings of China with a ‘stable’ outlook citing robust external finances and macroeconomic track record, cited by rttnews.
The agency retained China’s rating at ‘A+’.
Nonetheless, Fitch noted that the recent economic growth trajectory has been accompanied by a build-up of imbalances and vulnerabilities that poses risks to its basic economic and financial stability.
In its assessment, vulnerabilities will rise over 2016-18 forecast horizon, as policy settings continue to prioritize rapid economic growth over macroeconomic stability
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