Our weekly ratings digest, including key themes, publications, ratings changes, asset class trends, financing conditions, and debt issuance. This week: S&P Global Ratings raised key oil assumptions for 2021 and 2022. China announced a new GDP growth target that suggests a shift in its growth priorities. The U.K. economic recovery is delayed but likely to be stronger. The U.S. speculative-grade distress ratio fell to its lowest level in almost 10 years.