Fitch expects sharper increases in US interest rates in next several years

The US-based rating agency, Fitch ratings, is out with its latest report titled ‘1Q17 edition of Risk Radar Asia-Pacific (APAC),’ highlighting the following:

On China:

A rise in regional geopolitical tensions and trade protectionism risks counteract the lower near-term risks of a hard landing for China's economy

Despite signs that there is greater awareness of rising financial risks, reliance on credit expansion by Chinese policymakers to support the economy continues

Medium-term macroeconomic imbalances are expected to build this year

On the US:

Fitch expects sharper increases in US interest rates in the next several years than markets currently factor in

More:

Together with a potential rise in trade protectionism, APAC economies may face key external risks

Tensions on the Korean peninsula, if allowed to escalate further, may bring additional disruptions to regional stability