0421 GMT - Fitch Ratings says it has lowered its 2026 growth forecast for China by 0.1pp to 4.5%, citing falling fixed-asset investment and weak consumer spending dampening domestic demand. Domestic indicators have weakened in recent months, with fixed-asset investment falling and the housing slump deepening, say analysts Brian Coulton and Alex Muscatelli in a report. Retail sales and credit growth have also slowed as the household sector faces deleveraging pressures. Fiscal support to growth has been modest. However, China's export performance remains stellar, cushioning the slowdown, they add.
At the request of the copyright holder, you need to log in to view this content
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.