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Where FM is going. Along with China?

I've posted it before $iShares Frontier and Select EM ETF(FM.US)$ There had been quite a bit of profit, yet most of it had been spewed out in the past week.
Where FM is going. Along with China?
Is Friday an Evergrande group shock? So it's a big drop. It seems inevitable that the Chinese economy will sink, but will FM, which has strong geopolitical and economic ties, sink? Or will the manufacturer be relocated from China, etc., and rather grow from here? I'm starting to feel a little uneasy
After all, if it depends on the strength of the dollar, then this summer's withering market will be a buy It seems like a shopping place for Taro Buffett, who has been pretty predictable for the past 2 years 😃 The problem is financial power...
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    某大手メーカー研究職の弱小投資家🐧 ハイテク/化学/製薬 拙い資金で頑張ってます💰
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