OREANDA-NEWS. Fitch Ratings says China's economic growth remains riskily reliant on credit. However, Fitch believes China is not yet necessarily trapped in a trade-off between equally unacceptable options of allowing a sharp slowdown or piling on more debt.

Progress on structural reform could widen the scope for forms of job-creating activity that are less reliant on credit - for example, labour-intensive, consumption-oriented services. Available data suggest the economy was still adding more jobs in construction and real estate than in other services in 3Q14.