China well-positioned to avoid crash, Fitch says

10/22/2012 | China Daily (Beijing)

With a resilient labor market and plenty of room for fiscal maneuver, China is likely to avoid a hard landing as its growth rate slows, Fitch says. While Fitch expects only modest stimulus will be forthcoming from Beijing, it "could still be sufficient to help raise growth towards 8 percent by year-end and support a rate of about 8.2 percent in 2013."

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China Daily (Beijing)

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