Post by account_disabled on Jan 9, 2024 6:03:21 GMT
Importance and long-term benefits of the project China's "Belt and Road Initiative" towards the Asia-Pacific region and the economic outlook and credit rating of China. This is the main issue that was presented by speakers at Fitch Ratings (Thailand)'s semi-annual seminar held today on the topic of "China's Asia-Pacific credit rating and investment trends" Mr. Stephen Schwarz, head of Fitch Ratings' .
Asia-Pacific country credit rating group, said China's Phone Number List economy continues to slow. This is due to slowing domestic demand and still weak business confidence from the intensifying trade conflict between the United States and China. In response to this situation Chinese policymaking is therefore increasingly geared towards supporting economic growth. However, the use of economic stimulus measures remains at a cautious level. Compared to past relaxation measures in the past This reflects government concerns about rising debt levels and risks to financial stability in the medium term.
Fitch estimates China's gross domestic product (GDP) will grow at 6.2. % in 2019 and 6.0% in 2020, with the trade war still intensifying being the main risk factor for the growth rate. In the lecture topic "Chinese Investment in the Asia-Pacific Region" by Dr. Zigang Li, Chairman of the Board of Directors of ICBC Bank (Thailand) Public Company Limited, spoke about the importance of the Asia-Pacific region to the global economy. Dr. Li added:
Asia-Pacific country credit rating group, said China's Phone Number List economy continues to slow. This is due to slowing domestic demand and still weak business confidence from the intensifying trade conflict between the United States and China. In response to this situation Chinese policymaking is therefore increasingly geared towards supporting economic growth. However, the use of economic stimulus measures remains at a cautious level. Compared to past relaxation measures in the past This reflects government concerns about rising debt levels and risks to financial stability in the medium term.
Fitch estimates China's gross domestic product (GDP) will grow at 6.2. % in 2019 and 6.0% in 2020, with the trade war still intensifying being the main risk factor for the growth rate. In the lecture topic "Chinese Investment in the Asia-Pacific Region" by Dr. Zigang Li, Chairman of the Board of Directors of ICBC Bank (Thailand) Public Company Limited, spoke about the importance of the Asia-Pacific region to the global economy. Dr. Li added:
