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Top News In Wednesday Fitch Today - Breaking & Trending Today

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 ....

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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. ....

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Mortgage rates rise on debt downgrade

Mortgage rates rose Wednesday, following Fitch's downgrade of US debt. ....

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Stocks sink as US credit downgrade roils markets

US markets fell in Wednesday trading following the downgrade of US debt from the highest AAA rating to AA+ by rating company Fitch. ....

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Daily Podcast – February 24, 2022

Making headlines: Ratings agency pours cold water on Godongwana's budget, South Africa calls for ‘enhanced diplomacy’ in Russia-Ukraine crisis and, 3 118 new Covid infections and six new deaths ....

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