China’s Finance Ministry has denounced a report by Fitch Ratings that kept its sovereign debt rated at A+ but downgraded its outlook to negative.
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Fitch Ratings Cuts Outlook for China’s Long-Term Foreign Debt to Negative
Fitch Ratings analysts have revised their outlook for China’s long-term foreign debt to negative, citing rising risks to public finances.
Fitch downgrades China’s outlook over economic worries
Fitch downgraded its outlook on China’s credit rating on Tuesday, citing increasing risks to its finances as it faces economic challenges.
China has been closing idled auto output capacity, industry body says
China’s auto factories had a capacity utilisation rate of more 70% in 2023 and idled capacity is being closed, a senior official of the China Association of Automobile Manufacturers (CAAM) said on …
‘World of Warcraft’ and other hit games return to China as Blizzard and NetEase end dispute
China’s gaming giant NetEase will bring back the iconic “World of Warcraft” and other popular video games by Blizzard Entertainment to the country, the two companies said in a statement Wednesday.
Stock market today: Asian markets are mixed, Shanghai falls as Fitch lowers China’s rating outlook
Shares are mixed in Asia after U.S. stock indexes held at a near standstill ahead of some potentially market-moving reports …
China’s Xi to host former Taiwan president in Beijing, in rare meeting echoing bygone era of warmer ties
Chinese leader Xi Jinping is set to hold rare talks on Wednesday with a former president of Taiwan who supports closer ties with China, a highly unusual meeting just weeks before the democratic island …
Asian stocks firm, take Fitch’s China downgrade in their stride
By Scott Murdoch SYDNEY (Reuters) -Asian stocks traded higher on Wednesday, unfazed by a rating downgrade to China by Fitch which triggered a mild domestic sell-off as the world’s second-biggest …
Analysis-After issuing factory capacity warning to China, Yellen faces tariff decisions
U.S. Treasury Secretary Janet Yellen hammered home a stern warning to China’s economic leaders that their overinvestment in factory capacity for clean energy goods is unacceptable throughout her …
Analyst comments after Fitch downgrades China rating outlook
(Reuters) -Ratings agency Fitch revised its outlook on China’s sovereign credit rating to negative on Wednesday, citing risks to public finances as the government faces increasing uncertainties in its …
Microsoft, NetEase to re-launch Warcraft and other games in China
China’s NetEase and U.S. games peer Microsoft said on Wednesday they will bring popular titles including “World of Warcraft” back to China after a fallout involving the developer that ended an almost …
China stocks down pressured by real estate; HK shares up
China stocks fell on Wednesday, dragged by real estate shares, while rating agency Fitch revised its outlook on China to negative. Hong Kong shares were up, led by tech stocks. Ratings agency Fitch …
Blizzard Videogames to Return to China in New Deal With NetEase
Blizzard Entertainment will collaborate with China’s NetEase to bring its blockbuster game titles back to the mainland Chinese market this summer, renewing a partnership that ended more than a year …
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