S&P affirms China ratings, says China to maintain robust GDP growth


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© Reuters. FILE PHOTO: People wearing face masks walk at a main shopping area, following the coronavirus disease (COVID-19) outbreak in Shanghai, China January 27, 2021. REUTERS/Aly Song/File Photo (Reuters) – S&P Global (NYSE:) Ratings said on Friday that it affirmed China’s ratings at A+/A-1 with a stable outlook, saying the country was likely to maintain above-average economic growth relative to other middle-income economies in the next few years. “This is in part due to its effective containment of the COVID-19 pandemic and rapid vaccine rollout,” S&P said in a note on Friday. “We expect real GDP growth to come...