Fitch affirms China at ‘A+’, Outlook ‘stable’

FXStreet (Mumbai) - As reported by MNI, Fitch Ratings has affirmed China's Long-Term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at 'A+' with a Stable Outlook.

The issue ratings on China's senior unsecured local-currency bonds are also affirmed at 'A+'. The Country Ceiling is affirmed at 'A+' and the Short-Term Foreign-Currency IDR at 'F1'.

The Stable Outlook indicates that Fitch views the upside and downside risks to the rating as broadly balanced.

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