The Chinese finance ministry has pushed back against the earlier news that Fitch revised the outlook for China to negative.
- The ministry says Fitch's systems does not effectively reflect the positive effect of China's fiscal policy.
- Further added that China's capability and resolve to maintain a good sovereign credit outlook does not change.
Earlier post from Eamonn below with more details about the downgrade:
Fitch affirms China A+ rating but lowers its outlook to negative
