Fitch has affirmed China’s rating at ‘A+’ with a stable outlook

News

The agency has a very modest outlook for 2020 GDP for the country, forecasting real GDP at +2.7% this year

  • Says the economy is making a remarkable recovery

Chinese authorities are in a position to enforce quite draconian lock down measures if needed, which does help stem the spread of the infection when needed. Not a step that can be taken in many other countries to the same extent. 

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