HSBC analysts: China stimulus is sufficient for a steady growth

Note: This section contains information in English only.
Source: Marketwatch

The head of HSBC Chinese operations said that China has a variety of tools that can be useful to stimulate economy, including monetary and fiscal policies. Recently announced huge government spending on infrastructure should help to keep a moderate growth in the fourth quarter of 2012. Although the pace of economic growth slowed to 7.5% in the first two quarters, China's economy is still expanding at an incredible pace comparing with other emerging markets.

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