NEW YORK--(BUSINESS WIRE)--This week's edition of Inside Credit features James McCormack, Fitch Ratings' global head of sovereigns, take on China's response to recent market volatility. Much of the criticism surrounding Chinese policy responses to the equity market sell-off is based on misconceptions that officials don't fully understand how markets operate, are manipulating the market, or have not yet developed policy channels and tools that are sufficiently sophisticated and adept to affect t
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