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  • China’s construction industry to face downside risks in 2025, amid . . .
    Impact on construction industry The proposed tariff schedule introduced by the Trump administration has heightened uncertainty for China’s construction industry, contributing to stagnation in labour markets and weakening aggregate demand High tariffs on all steel and aluminium products are expected to affect the sector significantly
  • Surveillance Credit Rating Report: China Construction Civil . . .
    ― In 2023 and 2024, the company's capital expenditure on PPP project construction is about RMB -13 billion8 and RMB 15-20 billion respectively ― From 2023 to 202 4, PPP projects entering operation generate about RMB 1 5-2 5 billion and RMB 2 0-3 0 billion in repayments
  • Credit Polarisation to Deepen in China’s Construction Sector Amid . . .
    Chinese E C companies that Fitch rates are mostly SOEs rated under our Government-Related Entities (GREs) Rating Criteria
  • China Engineering - S P Global
    • The credit profiles of most rated E C companies will be stable in 2024 EBITDA expansion will tend to keep their interest coverage ratios (our usual rating trigger) steady • We expect revenue growth of most rated E C companies to slow to 4%-7% in 2024, from an anticipated 7%-10% in 2023
  • Announcement on International Credit Ratings - english. cscec. com
    reports on the 2021 credit rating of China State Construction Engineering Corporation Limited (hereinafter, the “Company”), respectively Moody's maintained the Company’s long-term issuer credit rating at “A2”; S P maintained the Company’s long-term issuer credit rating at “A”; and Fitch Ratings
  • Credit Analysis of China’s Construction Companies
    By applying our corporate ratings methodology to public information, we have carried out a desktop analysis of 53 companies in the construction sector, arriving at an initial overview of the relative ranking of each company’s credit quality, or their “indicative issuer credit quality”
  • China Engineering and Construction Outlook 2025 - Fitch Ratings
    Their credit qualities are influenced by three key rating drivers, namely: the GRE’s Standalone Credit Profile (SCP), the Issuer Default Rating (IDR) of the supporting government, and the likelihood of the government supporting the GRE
  • China Engineering and Construction — Relative Credit Analysis
    This report provides Fitch Ratings’ views about Chinese engineering and construction (E C) companies It is based on Fitch’s Ratings Navigator — Generic and compares issuers based on their business and financial characteristics
  • Surveillance Credit Rating Report China Construction Civil . . .
    issuer credit rating of CSCEC Civil Infrastructure if: 1) the importance of the company within the CSCEC group increases, due to the company’s enhanced role in CSCEC’s infrastructure construction strategy
  • CSCEC maintains highest rating in global construction for six years
    Moody's Investors Service (Moody's) and S P Global Ratings (S P) both recently issued the 2020 credit ratings for China State Construction Engineering Corporation (CSCEC), assigning long-term ratings of A2 and A, respectively, with a stable outlook





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