The US ratings agency has projected growth of China to slow down at 4.5 per cent due to declining exports and reduced government spending.
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Fitch expects India's medium-term growth to hover around a trend estimate of 6.2 per cent through FY28, despite the slimmer majority
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The establishment of an independent and unbiased sovereign credit rating agency will offer numerous benefits to the Global South. Firstly, it will provide these nations with fair and accurate assessments of their creditworthiness, enabling them to access international capital markets on more equitable terms
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