Ratings agency Fitch lowers China’s sovereign credit outlook to negative
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- เผยแพร่เมื่อ 9 เม.ย. 2024
- Fitch Ratings has downgraded China’s sovereign credit outlook to negative, prompting pushback from Beijing.
The downgrade reflects “increasing risks to China’s public finance outlook” as the country attempts to move away from real estate-led growth, the New York-based rating agency said on Wednesday.
China’s Ministry of Finance said it was “disappointed” with the decision.
Al Jazeera’s Katrina Yu reports from Beijing.
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The reporter has no idea what's going on.
Paper pushing subjectivity.
The rational heart seeks knowledge,
Why have a US rating agencies downgrading China?
Why have they not done the same to the UK, US, EU, etc?
What to do? USA is poor. Try to make China look back to lure USD back to US. China just need to sell more US treasury in response.
The US's credit rating was downgraded by US firms due Congress's inability to pass yearly budgets which are required to service US government debt.
@@Syrzl9231still aaa for moody
@@Syrzl9231 two quarters of a recession … I’ll wager a 3rd quarter will reveal the same.
@@pheonix-one do you mean the US or China ? Neither country is currently in a recession.