| 1 | By this measure, financing could reach 14.5 trillion yuan this year, according to Fitch, a ratings agency. | |
| 2 | Despite all this, Fitch said it believed the government remained committed to its fiscal program and some assets would be sold by the end of the year. | |
| 3 | But Fitch thinks that ratio is already closer to 6%, on a less forgiving view of loans to the financing vehicles of local governments. | |
| 4 | The Treasury Department said on Wednesday the Fitch warning was "another stark reminder" of the need for Congress to act quickly. | |
| 5 | But Fitch thinks that ratio is already closer to 6%, on a less forgiving view of loans to the financing vehicles of local governments. |