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
What is China Perspectives?
China Perspectives series is a monthly discussion on the latest credit market and economic developments from China with experts from both within and outside of Fitch Ratings.