Fitch Ratings' China Fiscal Outlook - Persistently High Deficits And Rising Debt Drive Rating Pressures

FITCH RTGS: CHINA FISCAL OUTLOOK - PERSISTENTLY HIGH DEFICITS AND RISING DEBT DRIVE RATING PRESSURES

FITCH - HIGH DEFICIT WILL PUSH CHINA'S GOVERNMENT DEBT RATIO TO 61.3% OF GDP BY END-2024 - 23PP ABOVE 2019 LEVEL

FITCH RATINGS: CHINA FORECASTS GENERAL GOVERNMENT DEFICIT AT 7.1% OF GDP IN 2024, FROM 5.8%

FITCH - CHINA'S MEDIUM-TERM DEFICIT REDUCTION WILL BE GRADUAL AS GOVERNMENT SEEKS TO ACHIEVE GROWTH PRIORITIES