Fitch upgrades Taiwan's ratings to 'AA' for first time in 20 years - Focus

3 Likes

Awkward as they also referred to Taiwan as part of China while upgrading Taiwan’s ratings.

2 Likes

Even AA is too low. Taiwan outperforms every other country in that rank.

1 Like

It’s very rare to jump more than 1 ratings up. Even more rare to see AA+ or AAA sovereign ratings now. I can see the ratings improve once more if Taiwan’s outlook stays positive.

It’s a credit rating, not growth in 2020. It’s more about how risky it is to lend you money than how much $ you saved last year.