MA XUEJING/CHINA DAILY China’s financial risks have been converging of late, but de-risking in the future will fundamentally depend on the stabilization and recovery of the economy. As the economy further improves, there will be greater room for resolving financial risks in key areas, and such risks are expected to remain within control this year. … Continue reading Financial de-risking remains key focus in future
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Fitch’s outlook on fiscal policies wrong, ministry says
A robotic arm works on a photovoltaic module production line of a new energy company in Ordos, Inner Mongolia autonomous region, on March 21, 2024. [Photo/Xinhua] Rating Agency Fitch’s sovereign credit rating methodology and indicator system have failed to effectively and prospectively reflect the positive role of China’s fiscal policies, which are properly more proactive … Continue reading Fitch’s outlook on fiscal policies wrong, ministry says