Fitch: US-China trade tensions eased but not resolved.
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Fitch Ratings is out with its latest report, mainly focusing on the US-China trade situation, with the key highlights noted below.
US-China trade tensions remain high.
Expects China’s economy to grow by close to 6% in 2020.
Renewed escalation remains a significant
China’s economic growth will support global economic outlook China’s economic growth will support global economic outlook
That will help global growth stabilize next year.
The trend in China’s domestic demand may further complicate efforts to raise imports from the US
