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Limited upside forecast for Chinese stocks in 2010
November 26, 2009
Whilst most observers generally expect China’s export industry to take off next year, head of China research Vincent Chan of Credit Suisse tips 2010 to be a limited year for Chinese equities as exports remain sluggish and the government starts to tighten monetary policy.
Chinese stocks will see limited upside in 2010 as exports remain weak and as the government starts to tighten monetary policy, according to Credit Suisse.
While most observers China’s export industry to take off again next year, the Swiss firm...
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