ECONOMY

Fitch affirms China’s A+ rating with a stable outlook

This photo taken on July 14, 2019 shows a bridge under construction for China’s high-speed rail network in Donghai county, in Lianyungang, in China’s eastern Jiangsu province. (AFP)

Global credit rating agency Fitch Ratings affirmed China’s long term foreign currency rating at A+, saying it was supported by the nation’s ‘robust’ external finances and its strong macroeconomic performance.

Fitch’s outlook on China is stable, the rating agency said.

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Last Update: Wednesday, 20 November 2019 KSA 04:35 - GMT 01:35
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