Fitch affirms China at A+ Outlook Stable

The US-based Fitch ratings is out with its credit review report on the Chinese economy, in the wake of the US-China trade truce.

Key Highlights:

China-external pressures likely to ease temporarily following an agreement reached between US and China at G20 summit.

Believes potential remains considerable for US-China trade tensions to escalate again next year, given an apparent wide gap in negotiating positions.

Sluggish export performance next year in China.