© Reuters. FILE PHOTO: People wearing face masks walk through a main shopping area, following the coronavirus disease (COVID-19) outbreak in Shanghai, China January 27, 2021. REUTERS / Aly Song / File Photo
(Reuters) – S&P Global (NYSE 🙂 Ratings said on Friday it confirmed China’s ratings at A + / A-1 with a stable outlook, saying the country would likely maintain above-average economic growth relative to other middle-income economies in the next few years.
“This is in part due to its effective containment of the COVID-19 pandemic and the rapid deployment of the vaccine,” S&P said in a note Friday. “We expect real GDP growth to reach 8.3% this year, before slowing to around 5% from 2022 to 2024,” he added https: //
Fusion media or anyone involved with Fusion Media will accept no responsibility for any loss or damage resulting from reliance on any information, including data, quotes, graphics and buy / sell signals contained in this website. Please be fully informed about the risks and costs associated with trading in the financial markets, it is one of the riskiest forms of investing possible.