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Fitch opines on the latest Chinese GDP figures, calling them in line with the "New Normal"...
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Friday, October 19, 2012, 8:06 AM ETFitch opines on the latest Chinese GDP figures, calling them in line with the "New Normal" growth rate. The agency questions the wisdom of newly announced stimulus projects - particularly the focus on railway infrastructure. "Railways are one of the most unproductive sectors in China ... These new measures could result in poor economic returns." You think?
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