Slower growth for Chinese firms in 2018 - Fitch

Author: Nick Bovell | Category: News

Fitch Ratings out with commentary on China.

  • bankruptcies to keep rising as China tackles overcapacity.
  • bankruptcies likely to keep rising quickly over next few years due to rising policy attention, tightening of credit conditions.
  • recent deceleration in credit growth suggests firms will face slower growth next year.