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Improving Chinese data gives credence to a forecast from finmin researcher Jia Kang that the...
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Sunday, October 28, 2012, 2:56 AM ETImproving Chinese data gives credence to a forecast from finmin researcher Jia Kang that the economy will probably rebound in Q4 - enabling GDP to hit the government's 7.5% target - and "look good" in Q1. However, Jia, speaking yesterday, also warned that the medium- to long-term outlook is "worrisome," as China is losing its edge on labor costs.
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