Fitch changes West China Cement view

Fitch Ratings said it affirmed West China Cement Ltd.'s long-term issuer default rating and senior unsecured rating at BB-.

The outlook on the issuer default rating was revised to positive from stable.

The agency said the outlook reflects Fitch's expectation that the company will continue to deleverage over 2019 to 2022 as Fitch expects the cement market's fundamentals to remain solid.

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