Fitch: US-China trade tensions eased but not resolved

Fitch Ratings is out with its latest report, mainly focusing on the US-China trade situation, with the key highlights noted below.

US-China trade tensions remain high.

Renewed escalation remains a significant risk.

Expects China's economy to grow by close to 6% in 2020.

China's economic growth will support global economic outlook

That will help global growth stabilize next year.

The trend in China's domestic demand may further complicate efforts to raise imports from the US.