Fitch ratings citing the property slowdown
- "deleveraging dynamics" weighing on recovery
- government policy is being recalibrated
- housing to take a toll on domestic demand, global commodities
Fitch says more broadly that challenges to EM growth in 2022 are rising.
So the world's second-largest economy is only going to grow at 8.1%?
We are all doomed (sarcasm).
