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China GDP at 6% or more at least till 2018 – S&P

FXStreet (Mumbai) - The ratings agency S&P, in its ratings review, sees China maintaining its growth rate at 6% or above at least till 2018. The agency affirmed AA/A-1+ ratings with outlook ‘stable’.

Key Points

Ratings reflect the view of government reform agenda and growth prospects

Credit growth to be roughly in line with the GDP

Monetary policy is largely credible and effective, country will make progress toward economic rebalancing

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