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S&P maintains China's 'A+/A-1' credit rating, stable outlook

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S&P maintains China's 'A+/A-1' credit rating, stable outlook
FILE PHOTO: The sun sets behind the Central Business District with the CITIC Tower at its centre in Beijing, China, November 15, 2017. REUTERS/Thomas Peter   -   Copyright  THOMAS PETER(Reuters)
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(Reuters) – S&P Global Ratings said on Friday it maintained its ‘A+/A-1’ rating on the People’s Republic Of China, citing its view of the government’s reform agenda, growth prospects and strong external metrics.

The rating agency also affirmed its outlook at ‘stable’ for the country, saying that China will maintain its headline gross domestic product growth and improved fiscal performance in the next three to four years.

(Reporting by Manas Mishra in Bengaluru; Editing by Gopakumar Warrier)

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