Earlier today we pointed out that Deutsche Bank’s Jun Ma has the most bullish 2014 GDP forecast for China. Ma is looking for 8.6% growth, while consensus is for 7.4% growth this year.
This is largely because he thinks concerns about slowing local government spending on infrastructure, and its impact on growth, are “excessive.”
In a new Deutsche Bank report titled “The House View — February 2014,” they argue that growth in China will pick up on the back of stronger exports and reduced overcapacity.
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