China slowdown is triggering policy recalibration

China’s economy has lost momentum in recent months, prompting a recalibration of policy settings to support activity, says Fitch Ratings. The country has sustained robust growth during much of the coronavirus pandemic, but headwinds have recently emerged on numerous fronts, challenging our baseline forecast that China’s economy will grow by 8.4% this year and 5.5% in 2022. Full story

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