BEIJING, Jan 14 (Reuters) - Fitch Ratings affirmed its "A+" long-term foreign currency rating on China on Thursday, but said a surge in investment and credit growth could have rating implications down the road.
"The agency believes the surges in both investment spending and credit growth are unsustainable. If unaddressed, this could lead to serious financial distress in the medium-term with sovereign rating implications," the firm said in a statement.
Standard & Poor's on Tuesday also reaffirmed its "A+" long-term credit rating on China, citing its external assets, robust growth and small pile of debt. (Reporting by Alan Wheatley; Editing by Jacqueline Wong)