• China 2025 Credit Outlook

  • Feb 7 2025
  • Length: 18 mins
  • Podcast

China 2025 Credit Outlook

  • Summary

  • A fireside chat on Fitch’s 2025 credit outlook for China’s sovereign, corporate, local government and banking sectors with Jeremy Zook, Ying Wang, Samuel Kwok and Grace Wu.

    • (00:00) - Introduction
    • (00:47) - Macro and Sovereign Outlook
    • (03:33) - Impact of US Tariffs on China Corporates
    • (04:55) - Property sector outlook
    • (05:53) - Impact of Policy Simulus on Corporates
    • (07:10) - Local Government Finance Outlook
    • (08:36) - Hidden Debt Substitution Policy
    • (10:40) - LGFV Sector Risks
    • (12:40) - Impact of Rate Cuts on Banks
    • (15:24) - Asset Quality Outlook
    • (17:21) - Conclusion

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