Ping Chew
Ping Chew
burden considered debt keeps rating revenue upgrade
A rating upgrade can be considered only if the debt burden keeps reducing, not just through revenue growth, but also through expenditure improvement.
inflation interest lower necessary unlikely
It's probably one of the necessary conditions. If you don't have inflation falling, it's unlikely that authorities could lower the interest rate.
add appreciation definitely further
This will definitely add to pressure, especially from lawmakers in the U.S. for further appreciation of the yuan.
economy environment external fiscal policy position ratings reflect robust strong
The ratings reflect Taiwan's strong external position and robust economy in a challenging policy environment in which fiscal flexibility has weakened.