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China’s reform story a main investment theme for private banks in 2018

Underpinned by supportive political policies and strong underlying fundamentals, reform-related stories around China’s ‘old and ‘new’ economies are expected to be main equity investment themes in 2018, the region’s private banks say. China’s ‘old’ economy is generally represents large, well-established companies that participate in more traditional industries, such as infrastructure, energy and materials. In contrast, the so-called ‘new’ economy is…

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