Fitch expects China's real GDP growth to slow to 6.5% in 2018 and 6.1% in 2019

The ratings agency Fitch expects Chinese economic growth to slow to 6.5 percent in 2018 and 6.1 percent in 2019. 

Key points (Source: Reuters)

• Fitch affirms China at 'A+'; outlook stable.
• China's ratings are supported by the strength of its external finances and track record of delivering stable growth and low inflation.
• Imposition of tighter financial regulations since early 2017 has prompted a notable deceleration in credit growth‍.
• Trade tensions with the US have clearly risen, posing a downside risk to our baseline implication for economic policy from president Xi Jinping's consolidation of power remains uncertain.