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

HSBC Global Viewpoint

CHAPTER

The Disjunction Between China's Earnings and GDP

Harold Zuckerman: Earnings growth is quite strong. And yet, the headline GDP numbers are looking more challenging. In some sectors, you essentially have some companies that still do better than others. He says a lot of it can be explained by first that we only look at a small part of the overall economy.Zuckerman: Maybe this is becoming one of the bigger themes over the next few years.

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