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Under the Banyan Tree – How are Chinese earnings rising as growth slows?

HSBC Global Viewpoint

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The Importance of Housing Sales in the Chinese Economy

A lot of the weakness in the overall economy can be traced to a still wobbly housing market. But if you look at earnings in the economy, how is actually better earnings coming through? So, real estate earnings are pretty strong. And actually, health care earnings and consumer sectors are showing reasonably strong earnings growth as well.

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