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Fitch’s China exit heralds ‘way forward’ for foreign rating agencies

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By Noah Sin
31 Jan 2018

Fitch Ratings has exited its joint venture in China. But far from being a step back, the move could allow the firm to set up a fully owned business. Although Fitch operated in the market for a decade, it was previously forced to play second fiddle to its local partner, said a source.

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By Noah Sin
31 Jan 2018