Ratings agency Fitch revised its outlook on China to negative on Tuesday, citing increasing risks to the country’s public finance outlook.
FINANCE
Would America dare to bring down a Chinese bank?
One reason Russia’s defence industry has held firm is that, although America and allies have tried to cripple it, others have not. Many countries, including big ones, such as China and India, and …
Yellen Threatens Sanctions for China Banks That Aid Russia War
US Treasury Secretary Janet Yellen wrapped up four days of talks in China with a warning against any moves to bolster Russia’s military capacity.
Fitch cuts China outlook to negative on steady rise in debt
Fitch Ratings revised China’s outlook to negative from stable, saying the government is likely to pile on debt as it seeks to pull the economy out of a real estate-driven slowdown.
As China’s economy falters, so does the confidence of its middle class
China’s middle class is facing new uncertainty as a sluggish economic recovery after Covid-19 challenges President Xi Jinping’s focus on national security.
Beijing Responds to Fitch Rating’s Negative Outlook on China’s Economy
The Ministry of Finance in China has publicly challenged the recent assessment by Fitch Ratings, which maintained China’s A+ credit rating but shifted its forecast to negative. The ministry insists on …
Commercial property: Beijing retail rents jump by most since 2019 with premium office space remaining under pressure
Beijing’s commercial real estate market recovered partially in the first quarter of 2024 and is gearing up for further stabilisation this year as a strong rebound in consumption and policy support …
China hits back after Fitch Ratings downgrades credit outlook, Beijing says local debt risks are controllable
Ministry of Finance says it is a ‘pity’ to see Fitch Ratings revise the outlook on China’s sovereign debt from stable to negative due to concerns over property and public finance stress.
Fitch cuts China’s credit outlook to negative on public finance risks
Fitch Ratings has cut its outlook on China’s long-term foreign debt to negative from stable, reflecting the growing risks to the country’s public finances, but affirmed its A+ rating. The rating …
Fitch downgrades China sovereign credit outlook on debt fears
Ratings agency Fitch said Wednesday it had downgraded China’s sovereign credit outlook to negative, citing increased risks to the country’s public finances, in a move Beijing swiftly called …
Fitch downgrades outlook on China to negative, affirms ‘A+’ rating
Ratings agency Fitch revised its outlook on China to negative on Tuesday, citing increasing risks to the country’s public finance outlook. Fitch forecast the general government deficit would rise to 7 …
China’s stockbrokers see salaries slashed for second year amid slumping market, crackdown on flashy finance executives
China’s stockbrokers took another pay cut in 2023 as the double whammy of a slumping equities market and a government crackdown on corporate extravagance eroded the incomes of financial workers.
China turns up heat with regulators, banks under the microscope amid focus on financial revamp
Vital economic and financial regulators, as well state-owned banks, will be targetted as part of a round of discipline inspections Inspections will focus on vital finance and economy-related entities, …
