comparemela.com

Latest Breaking News On - Wednesday fitch - Page 1 : comparemela.com

Stuttering Chinese growth risks fuelling belligerent foreign policy

Xi Jinping is on thin ice and in dire need of economic growth or a win over the West

China s stuttering growth risks fuelling its belligerent foreign policy

Late last year, Moody’s downgraded China’s sovereign credit rating. On Wednesday Fitch followed suit. Predictably, Beijing responded with “disappointment” and rebutted the implicit critique of their economy. There is now a clear contradiction between realistic Western views on the headwinds facing Chinese growth, and Beijing’s public claims that all is well.

vimarsana © 2020. All Rights Reserved.