FOREX TradingCharts.com

Financial News: S&P Affirms China's Sovereign Ratings

S&P Affirms China's Sovereign Ratings

09/21/2018 - 06:24:00 (RTTNews)

(RTTNews) - S&P Global Ratings affirmed the sovereign ratings of China with 'stable' outlook, on Friday.

The 'A+' credit rating reflects S&P's assessment of the government's reform agenda, growth prospects, and strong external metrics.

S&P observed that policy changes have helped to rein in credit growth and reduce the reliance of economic growth on public investment. If these trends continue, risks to Chinese economic and financial stability could moderate.

Nonetheless, the agency observed that the track record of slower credit expansion is still very short. New credit to both government and non-government sectors remains high and could accelerate if economic growth slows further.

The stable outlook suggests that China will maintain its robust headline GDP growth and improved fiscal performance in the next three to four years.

China's economic growth is expected to remain strong at close to 6 percent or more annually through at least to 2020, corresponding to per capita real GDP growth of above 5 percent each year.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2018 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Indonesia Interest Rates Unchanged After Two Hikes (52 min(s), 20 sec(s) ago)
(RTTNews) - Indonesia's central bank left its key interest rate unchanged in October after hik ...Full Story»

Taiwan Industrial Production Growth Remains Lackluster (01 hr(s), 24 min(s), 20 sec(s) ago)
(RTTNews) - Taiwan's industrial production continued its modest growth in September, prelimina ...Full Story»

Hong Kong Inflation At 7-month High (01 hr(s), 37 min(s), 20 sec(s) ago)
(RTTNews) - Hong Kong's consumer price inflation accelerated strongly in September after easin ...Full Story»

Singapore Inflation Unchanged In September (01 hr(s), 49 min(s), 20 sec(s) ago)
(RTTNews) - Singapore's headline consumer price inflation was unchanged in September, while th ...Full Story»

German Producer Price Inflation Highest In A Year (02 hr(s), 45 min(s), 20 sec(s) ago)
(RTTNews) - Germany's producer prices rose the fastest pace in a year in September, figures fr ...Full Story»

Turkey Consumer Confidence Lowest In Nearly A Decade (03 hr(s), 03 min(s), 20 sec(s) ago)
(RTTNews) - Turkey's consumer confidence deteriorated for a third straight month to its lowest ...Full Story»

European Economics Preview: Germany's Producer Price Data Due (05 hr(s), 24 min(s), 20 sec(s) ago)
(RTTNews) - Producer prices from Germany and flash consumer sentiment from euro area are due on Tu ...Full Story»

South Korea Producer Prices Add 0.3% In September (52 min(s), 40 sec(s) ago)
(RTTNews) - Producer prices in South Korea were up 0.3 percent on month in September, the Bank of ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Indonesia Interest Rates Unchanged After Two Hikes

10/23/2018 - 05:34 AM (RTTNews)
(RTTNews) - Indonesia's central bank left its key interest rate unchanged in October after hik ...Full Story>>

Taiwan Industrial Production Growth Remains Lackluster

10/23/2018 - 05:02 AM (RTTNews)
(RTTNews) - Taiwan's industrial production continued its modest growth in September, prelimina ...Full Story>>

Hong Kong Inflation At 7-month High

10/23/2018 - 04:49 AM (RTTNews)
(RTTNews) - Hong Kong's consumer price inflation accelerated strongly in September after easin ...Full Story>>

Singapore Inflation Unchanged In September

10/23/2018 - 04:37 AM (RTTNews)
(RTTNews) - Singapore's headline consumer price inflation was unchanged in September, while th ...Full Story>>

German Producer Price Inflation Highest In A Year

10/23/2018 - 03:41 AM (RTTNews)
(RTTNews) - Germany's producer prices rose the fastest pace in a year in September, figures fr ...Full Story>>

Binary Options Articles Courtesy of NADEX

These pages, and all content ©TradingCharts.com Inc and other copyright holders. Permission is not granted to redistribute charts, data, news or other information found on this site, in any manner. Although it is believed that information provided is accurate, TradingCharts will not accept liability for any loss or damage that may arise from use of the content, inability to access the website, or delay or failure of receive of any information provided through this site.