Fitch: China's Slowdown As Expected, But Downside Risks Mount

Fitch Ratings says China's slower economic growth in 1Q15 is broadly as expected given efforts to rein in credit growth since mid-2014.

However, downside risks from the ongoing real-estate correction and  from weaker corporate hiring intentions will likely lead to further policy easing later in 2015.

"China Macro Update - May 2015" is available at www.fitchratings.com or by clicking on the link in this media release.