guess that means they need more Steel and IO
Fitch affirms China ratings
Mon, June 28, 2021, 6:05 PMJune 28 (Reuters)
- Fitch Ratings on Monday affirmed China's ratings at "A+" with a stable outlook, saying the country's economy has entered a mature stage in its COVID-19 pandemic recovery.The rating agency forecast China's gross domestic product growth at 8.4% in 2021 and 5.5% in 2022, according to the report.On Friday, S&P Global Ratings also affirmed the country's ratings, saying China was likely to maintain above-average economic growth relative to other middle-income economies in the next few years. (Reporting by Akriti Sharma in Bengaluru; Editing by Shounak Dasgupta)
Iron ore price, page-33590
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