Fitch: Asia-Pacific Caught Between China And The Fed

Published 09/12/2015, 09:40 pm
Updated 09/12/2015, 09:50 pm
© Reuters.  Fitch: Asia-Pacific Caught Between China And The Fed

(The following statement was released by the rating agency)Link to Fitch Ratings' Report: Asia-Pacific Sovereign Overview 4Q 2015https://www.fitchratings.com/creditdesk/reports/report_frame.cfm?rpt_id=874628HONG KONG, December 09 (Fitch) Asia-Pacific economies face challenges to varying degrees from imminent Fed tightening, China's slowdown, weaker commodity prices and still-lacklustre global trade growth, Fitch Ratings says in a new report today. But coherent, credible policy management can buffer sovereign credit profiles against risks.The "Asia-Pacific Sovereign Overview" report provides summary credit views on all 19 Fitch-rated sovereigns in the region.This is the first edition of the Overview to include a section on Pakistan. Fitch assigned Pakistan a rating of 'B' with Stable Outlook on 15 September 2015. Pakistan's ratings balance the country's underdevelopment, political instability, weak public finances and history of macroeconomic volatility against the stabilisation and progress on reforms achieved under the country's latest IMF programme."Asia-Pacific Sovereign Credit Overview 4Q15" is available from www.fitchratings.com or by clicking on the link in this media release.Contact: Andrew ColquhounSenior Director+852 2263 9938Fitch Ratings (Hong Kong) Ltd.,2801, Tower Two, Lippo Centre89 Queensway, Hong KongSagarika ChandraAssociate Director+852 2263 9921Andrew FennellAssociate Director+852 2263 9925Thomas RookmaakerDirector+852 2263 9891Mervyn TangAssociate Director+852 2263 9944Media Relations: Bindu Menon, Mumbai, Tel: +91 22 4000 1727, Email: bindu.menon@fitchratings.com; Leslie Tan, Singapore, Tel: +65 67 96 7234, Email: leslie.tan@fitchratings.com; Leni Vu, Sydney, Tel: +61 2 8256 0304, Email: leni.vu@fitchratings.com; Wai-Lun Wan, Hong Kong, Tel: +852 2263 9935, Email: wailun.wan@fitchratings.com.Additional information is available on www.fitchratings.comALL FITCH CREDIT RATINGS ARE SUBJECT TO CERTAIN LIMITATIONS AND DISCLAIMERS. PLEASE READ THESE LIMITATIONS AND DISCLAIMERS BY FOLLOWING THIS LINK: HTTP://FITCHRATINGS.COM/UNDERSTANDINGCREDITRATINGS. IN ADDITION, RATING DEFINITIONS AND THE TERMS OF USE OF SUCH RATINGS ARE AVAILABLE ON THE AGENCY'S PUBLIC WEBSITE 'WWW.FITCHRATINGS.COM'. PUBLISHED RATINGS, CRITERIA AND METHODOLOGIES ARE AVAILABLE FROM THIS SITE AT ALL TIMES. FITCH'S CODE OF CONDUCT, CONFIDENTIALITY, CONFLICTS OF INTEREST, AFFILIATE FIREWALL, COMPLIANCE AND OTHER RELEVANT POLICIES AND PROCEDURES ARE ALSO AVAILABLE FROM THE 'CODE OF CONDUCT' SECTION OF THIS SITE. FITCH MAY HAVE PROVIDED ANOTHER PERMISSIBLE SERVICE TO THE RATED ENTITY OR ITS RELATED THIRD PARTIES. DETAILS OF THIS SERVICE FOR RATINGS FOR WHICH THE LEAD ANALYST IS BASED IN AN EU-REGISTERED ENTITY CAN BE FOUND ON THE ENTITY SUMMARY PAGE FOR THIS ISSUER ON THE FITCH WEBSITE.

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