Deutsche Bank sees 8.5% growth for China in 2nd half

01/16/2013 | Shanghai Securities News

Government spending and a pickup in corporate earnings will lift the Chinese economy to an 8.5% rate of growth in the latter half of the year, Deutsche Bank predicts. Noting slow growth of 7.4% in the third quarter last year, DB China chief economist Ma Jun said the period marked "the trough for year-on-year GDP growth, and a recovery was already under way in the fourth quarter."

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