NEW YORK–(BUSINESS WIRE)– While pessimism over China’s short-term outlook is overdone and pick-up in the second half of 2015 is already in the pipeline, Fitch Ratings says in its latest ‘Inside Credit’ newsletter that expectations for China’s growth potential are shifting lower.
“Fitch regards it as plausible that China’s growth could settle at about 5% on average for the rest of the decade,” says Andrew Colquhoun, Head of Asia-Pacific Sovereigns.
Fitch expects growth in 2015 to check out at 6.8%, while volatility will continue both in real economic activity and in financial markets.
Other topics covered in this week’s edition of Inside Credit include:
–CNY Fall May Hit HK Banks’ Profits, Growth, Asset Quality
–European Banks Seek Cost Savings in Yankee Market
–U.S. Public Finance Tax-Supported Criteria Revisions
–Tougher Operating Environment Slows Saudi Bank Lending
–U.S. Mortgage Insurance Returns to Profitability on Underwriting Improvements
–China Banks’ Profitability, Capital Pressures to Persist
–Covered Bond Pools’ Credit Quality Improves Slightly
–Global Reinsurance Guide 2016
–Credit Hotspot: U.S. Interest Rates
–On The Why? Forum: Why Africa is Targeting Islamic Finance
–On The Why? Forum: Why Mexico Pension Funds are Set to Grow
–Webcast: What is in store for European High Yield and Leveraged Finance?
‘Inside Credit’ is a weekly snapshot of Fitch Ratings’ noteworthy content, selected from all sectors and regions. To receive the weekly edition, distributed every Friday at 8am ET, please sign up here: http://pages.fitchemail.fitchratings.com/InsideCreditSignUp/
Additional information is available at ‘www.fitchratings.com‘.
Alyssa Castelli, +1 212-908-0540
Source: Fitch Ratings