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Pictet: China data for Jan, Feb better than expected, but expect moderate deceleration in 2018

Despite better than expected growth figures coming out of China, Pictet says momentum is, in fact, weaker than the numbers indicate and is standing firm on its 6.5% GDP growth forecast for 2018. “The first batch of Chinese data in 2018 on investment and industrial production came in stronger than expected, which largely dissipates the previous concerns of a sharp deceleration…

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