国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

USEUROPEAFRICAASIA 中文雙語Fran?ais
Business
Home / Business / Macro

China hard landing, yuan risks recede: Fitch

Xinhua | Updated: 2016-10-26 13:59

BEIJING - Global rating agency Fitch said risks of a hard landing for China's economy and of a further sharp depreciation of the yuan have receded in the near term.

"There are signs of stabilization in the Chinese economy... the policy response in China will allow the country to manage its growth gradually to a sustainable level and avoid a hard landing," according to Fitch Ratings' latest report on economic risks in the Asia Pacific.

The report came in as China's GDP growth held steady at 6.7 percent for a third straight quarter, with encouraging signs including rising rail freight volume and industrial profits.

Major research institutions and investment banks have upgraded their forecast for the country's full-year GDP growth. China's central bank economists Ma Jun said China will for sure realize its growth target of 6.5 to 7 percent this year.

Thanks to ongoing industrial overhauls and effective macro regulation by the government, a hard landing has become increasingly unlikely.

But Fitch noted that reliance on credit expansion to support the economy contributed to meeting near-term growth targets but added to long-term macroeconomic imbalances.

Fitch said "the risk of a sharp depreciation of the yuan is less imminent," citing a slower path for interest-rate hikes in the United States as a supportive factor.

It expects the yuan fixing against the dollar to be allowed to depreciate gradually.

The Chinese currency, the renminbi or the yuan, ended its losing streak on Wednesday as the central parity rate strengthened 39 basis points to 6.7705 against the US dollar, according to the China Foreign Exchange Trading System.

Most Viewed in 24 Hours
Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
白沙| 龙井市| 阳谷县| 敦煌市| 绍兴市| 肥东县| 岢岚县| 吴堡县| 深圳市| 襄城县| 凤台县| 六枝特区| 青铜峡市| 新余市| 论坛| 修文县| 遂平县| 祁门县| 任丘市| 区。| 扬州市| 广西| 富民县| 静海县| 得荣县| 甘孜| 象州县| 农安县| 湟中县| 汝州市| 伊宁市| 松江区| 南澳县| 错那县| 囊谦县| 锡林郭勒盟| 东丽区| 宜宾县| 天祝| 呼和浩特市| 墨竹工卡县|