Fitch Downgrades China's Credit Rating Amidst Economic Strain and Rising Debt Worries

In a significant financial move, Fitch Ratings has lowered China's long-term credit rating from "A+" to "A" due to increasing concerns over the nation’s economic stability and mounting debt issues. This downgrade is a reflection of the ongoing challenges the Chinese economy is facing, particularly as the global economic landscape continues to fluctuate.

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Fitch Downgrades Stellantis as Automaker Halts Factory Operations

In a significant move that reflects ongoing uncertainties in the automotive market, Fitch Ratings has downgraded Stellantis, the multinational automotive manufacturer known for brands like Jeep, Chrysler, and Fiat. This decision comes as the company has announced a pause in certain factory operations, signaling potential production slowdowns ahead.

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