NEW YORK, Sept 30 — Rating firm S&P Global today said it affirmed the ‘A+/A-1’ credit ratings on the People’s Republic Of China, stating that the country will maintain above-average gross domestic product (GDP) growth and improved fiscal performance.

The rating agency affirmed the stable outlook, saying that China will maintain above-average headline GDP growth and see improved fiscal performance over the next three to four years

“The economy is also likely to face elevated uncertainties owing to US-China tensions and ongoing efforts to restructure the economy and reduce financial risks,” the statement added. — Reuters