Read this in The Manila Times digital edition.
BEIJING: Ratings agency Fitch said Wednesday it had downgraded China's sovereign credit outlook to negative, citing increased risks to the country's public finances, in a move Beijing swiftly called "regrettable."
Chinese officials have struggled for months to kickstart economic growth as they battle a range of headwinds, particularly a prolonged property sector crisis that has fueled fears of wider contagion.
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