China’s crackdown on lending risk and the possible slowdown in debt growth could push Chinese GDP lower by 1 percentage point over the medium term, Fitch Ratings said on Monday. Key quotes (Source: Reuters) It is hard to put a precise time frame on when China will start to see the deleveraging of the real economy, but at some point, it looks inevitable. The scenario analysis we have undertaken suggests that, when it does occur, it will be a process that will be a significant drag on growth. Fitch’s scenario analysis suggests that to stabilize corporate debt to GDP ratio by 2022, business investment growth would have to fall by 5 percentage points per year – which would, in turn, reduce GDP growth by just over 1 percentage point over the next few years. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NZD/USD lfits into the 0.7000 handle as market sentiment continues to improve FX Street 5 years China's crackdown on lending risk and the possible slowdown in debt growth could push Chinese GDP lower by 1 percentage point over the medium term, Fitch Ratings said on Monday. Key quotes (Source: Reuters) It is hard to put a precise time frame on when China will start to see the deleveraging of the real economy, but at some point, it looks inevitable. The scenario analysis we have undertaken suggests that, when it does occur, it will be a process that will be a significant drag on growth. Fitch's scenario analysis suggests that to stabilize corporate debt to GDP… Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
