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China faces a potential downgrade in credit rating

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Published: April 11th, 2024,
Last updated: May 30th, 2025

Construction project in Huai’an, Jiangsu: The once strong, real estate-based growth must now be compensated for elsewhere.

China is threatened with a lower credit rating from the rating agency Fitch. On Wednesday, Fitch lowered its outlook for the country’s credit rating from „stable“ to „negative“, citing increasing risks to the budget as a result of the switch to a new growth model.

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Wirtschaftswachstum