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S&P affirms China ratings, says China to maintain robust GDP growth

Published 06/25/2021, 04:50 AM
Updated 06/25/2021, 04:55 AM
© Reuters. FILE PHOTO: People wearing face masks walk at a main shopping area, following the coronavirus disease (COVID-19) outbreak in Shanghai, China January 27, 2021. REUTERS/Aly Song/File Photo

© Reuters. FILE PHOTO: People wearing face masks walk at 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:SPGI) Ratings said on Friday that it affirmed China's ratings at A+/A-1 with a stable outlook, saying the country was likely to 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 rapid vaccine rollout," S&P said in a note on Friday. "We expect real GDP growth to come in at 8.3% this year, before moderating to about 5% from 2022-2024," it added https://

Latest comments

Lol their vaccine isbt even 50% effective
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