Credit ratings agency Fitch has warned that it may cut China's yuan debt rating on concerns of rising defaults.
Fitch's current rating for China's yuan-denominated debt stands at AA-.
The warning comes after Fitch revised its outlook on China's local currency debt from "stable" to "negative" in April this year.
Fitch's current rating for China's yuan-denominated debt stands at AA-.
The warning comes after Fitch revised its outlook on China's local currency debt from "stable" to "negative" in April this year.
