Fitch and Moody’s both optimistic on China growth ahead | Forexlive

China’s economic data releases today, much better than expected

Chinese data is often … errr … unreliable:

Meanwhile from Fitch Ratings:

• says end of zero-COVID policy is a net positive for Chinese construction firms
• says that risks do remain

And Moody’s:

• China’s economy will strengthen in 2023 and 2024, with the cyclical
  pickup likely to be better than Moody’s expected last year

More:

• Some emerging
  markets could be hit hard in a prolonged China slowdown
• Over medium to
  longer term, china’s growth pace to likely decelerate due to
  structural factors like ageing population, declining productivity
• A prolonged slowdown
  in China will reverberate to other emerging markets beyond
  Asia-Pacific
• Economies with
  significant trade exposure to China’s commodity demand would bear the
  brunt of the slowdown