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Slowdown in Store for China?
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Slowdown in Store for China?
"I would agree that we do expect another rate hike (in China), but we are near the end of the rate tightening cycle," Edmund Shing, head of European equity strategy at Barclays Capital told CNBC. "People forget that rate tightening takes time to have an effect in the real economy... so even if they don’t raise rates any further, the economy is going to slow a bit more," he added.
Video Length: 293
Date Found: July 13, 2011
Date Produced:
View Count: 0
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