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Fitch Cuts 2022 GDP Forecast To 3.7% (From 4.3%)

CHINA
  • In the past few months, we have seen that sell-side institutions and independent research boutiques have been constantly reviewing their China 2022 growth forecast significantly to the downside.
  • Even though China policymakers and officials remain committed to meet the growth target of 5.5%, growth trends show that 3%-3.5% GDP growth is now more likely for 2022.
  • *FITCH CUTS CHINA 2022 GDP FORECAST TO 3.7% FROM 4.3% (BBG)

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