John Whelan: Irish exporters can expect further challenges over trade with China  

Global ratings firm Fitch affirmed China’s high level debt rating, but signalled that the outlook was less than rosy amid concerns about Beijing’s economic and trade model

The latest blow to the Chinese economy came last week when global ratings firm Fitch affirmed the country’s high level debt rating, but signalled that the outlook was less rosy amid concerns about Beijing’s economic and trade model.

Fitch pared its China outlook to negative, a move that indicates that the firm could be minded to reduce the debt rating in the future as the country contends with more uncertain economic prospects and struggles to manage a property market into a more sustainable growth model.