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Fitch cuts China growth forecast on property woes

September 23, 2021 12:38 PM

BEIJING (AFP) – Ratings agency Fitch on Thursday (Sept 23) cut its growth forecast for China’s economy this year citing a slowdown in the country’s colossal property sector, which is also facing headwinds over faltering real estate giant Evergrande.

Source : http://www.straitstimes.com/business/economy/fitch-cuts-china-growth-forecast-on-property-woes

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