Steel and energy may be the hardest-hit sectors in Asia-Pacific (APAC) in the event of a sharp slowdown in Chinese growth, says Fitch Ratings.
"The sector outlooks for APAC steel and energy, and global shipping, are negative even under our current forecast expectations where China slows only gradually.
"Asian manufacturing and technology sectors would also be significantly affected, given the scale of Chinese demand and its position in the regional supply chain," Fitch said.
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