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Fitch Ratings Affirms ChemChina's A Rating With Stable Outlook

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Fitch Ratings affirmed China National Chemical Corporation or ChemChina's long-term issuer default rating and senior unsecured rating at A, with a stable outlook.

Fitch assessed ChemChina's parent Sinochem Holdings's policy rolse preservation and the contagion risk of a potential default as "very strong, according to a commentary on Wednesday.

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