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LONDON, April 11 (Xinhua) — Rating agency Fitch reaffirmed China’s foreign currency rating at A+ with a stable outlook on Wednesday. “Fitch expects more debt to migrate onto China’s sovereign balance sheet as the economy works through the aftermath of the credit surge of 2009-2011, primarily impacting the local currency rating, which remains on negative outlook,” Andrew Colquhoun, head of …
Read More »Fitch reaffirms China’s foreign currency rating at A+ stable
