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Fitch downgrades China sovereign credit outlook on debt fears
Fitch downgrades China sovereign credit outlook on debt fears
Economy
by  AFP

Ratings agency Fitch said Wednesday it had downgraded China's sovereign credit outlook to negative, citing increased risks to the country's public finances, in a move Beijing swiftly called "regrettable". Fitch said its outlook revision "reflects increasing risks to China's public finance outlook" as the country "contends with more uncertain economic prospects".