After China Nod, Fitch Preps for Local Ratings Growth
Fitch Solutions, the data and services arm of ratings agency Fitch, has received approval to distribute its ratings data in mainland China, paving the way for plans to double Fitch's business among banks, asset managers, insurance firms and government entities in the region over the coming years as the local market expands in size and sophistication, vendor officials say.
"China-based investors and market participants are increasingly hungry for real-time financial information, offering a ready
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