Encouraging data raise expectations for China

09/10/2013 | Xinhuanet.com (China)

A string of strong economic numbers in China in combination with moderate inflation paint an encouraging near-term picture for the nation's economy, allowing room for stimulus if needed, analysts say. As a result, Merrill Lynch said it is maintaining its 7.6% year-on-year growth forecast for the third quarter and 7.5% for the fourth quarter.

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Xinhuanet.com (China)

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