Fitch estimates that US tariffs will not have significant effect on Chinese economy

Fitch Ratings echoing Moody's assessment of the US-China trade spat

• The $50 bn worth of tariffs here will not have significant effect on Chinese or global economy
• But the tariffs may create risks for some APAC corporations

Pretty much the same thing as what Moody's said earlier here that the impact of the tariffs will be limited.