Fitch sounds alarm on possible China slowdown impact

Their baseline assumes robust growth, but risks abound. (Image: Unsplash)

Mon, 11 Mar 2024

A severe economic growth shock would particularly hit economies in the Asia-Pacific and commodity exporters in China, Fitch Ratings’ analysts say. According to the analysts, there would also be "a significant dampening effect on international price pressures”.China’s economic outlook continues to face significant risks, particularly in connection with the sustained weakness in the property sector, the analysts said. “The severe downside stress scenario is designed to examine the risks global sovereigns wou...

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