Fitch Sounds the Alarm: China's Credit Rating Downgraded to 'A' Amid Fiscal Pressures

Unknown Apr 02, 2026 800 Views

Fitch Ratings has lowered China's long-term foreign-currency IDR to 'A' from 'A+', citing worries over the deteriorating public finances and fast-growing public debt of the country. In spite of the downgrade, Fitch still has a stable outlook for China, which means that no furt...