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China needs to tackle excessive lending, deflation and overproduction, says GS chief strategist

These are issues that China needs to resolve before the economy can rebound, says the chief investment strategist for China at Goldman Sachs, whose division includes also the group’s asset and private wealth management arms. Ha Jiming was speaking at a conference in New York yesterday, where he reportedly noted that China’s fixed asset investment in 2014 was an unprecedented…

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