Fitch Cuts China’s Credit Rating Outlook to Negative
Update: 2024-04-10
Description
A.M. Edition for April 10. Ratings company Fitch says China’s public finances are facing strain as a result of a shaky economy and rising fiscal deficits. WSJ Asia markets editor Matthew Thomas explains how a prolonged property slump is at the center of Fitch’s concerns. Plus, more turbulence for Boeing as an engineer alleges it took shortcuts in fixing its jets. And how an EU court’s ruling that protection from climate change is a human right could have global ripple effects. Luke Vargas hosts.
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