A Fitch Downgrade, and New Steps to Bring Back Global Tourists
China Inc by BBW

A Fitch Downgrade, and New Steps to Bring Back Global Tourists

2024-04-16

Fitch has lowered its outlook on China's sovereign rating to "negative," citing economic uncertainty. What does this mean for investors, and what's the likelihood of an actual ratings downgrade? And China has ordered all hotels rated three stars or higher to accept foreign credit cards. Will this help to bring back foreign travelers after three years of Covid isolation?

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