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Fitch opines on the latest Chinese GDP figures, calling them in line with the "New Normal"...

Fitch 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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Comments (2)
  • bull_market_somewhere
    , contributor
    Comments (115) | Send Message
     
    anyone ever see smartest guys in the room? the scene where they always worry about not hitting their numbers but miraculously do and no employee can figure out how?
    19 Oct 2012, 08:11 AM Reply Like
  • hahaha48
    , contributor
    Comments (1194) | Send Message
     
    rail road is the best transportation means for most travel for the middle class. High speed rail system is the lowest cost and most efficient means to travel from 100 to 1000 miles.
    19 Oct 2012, 09:34 AM Reply Like
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