Fitch Ratings had cut China's long-term local-currency debt rating to A-plus from AA-minus. Photo: Bloomberg Fitch Ratings had cut China's long-term local-currency debt rating to A-plus from AA-minus. Photo: Bloomberg
Fitch Ratings had cut China's long-term local-currency debt rating to A-plus from AA-minus. Photo: Bloomberg
China economy

Fitch cuts China's credit score as debt increases

Global agency says rampant borrowing, local government financing are of growing concern

Topic |   China economy
Fitch Ratings had cut China's long-term local-currency debt rating to A-plus from AA-minus. Photo: Bloomberg Fitch Ratings had cut China's long-term local-currency debt rating to A-plus from AA-minus. Photo: Bloomberg
Fitch Ratings had cut China's long-term local-currency debt rating to A-plus from AA-minus. Photo: Bloomberg
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