Justine Moxham

Analyst, China Research

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Recent China research

* China Watch: Strong global growth a tailwind for China's deleveraging, Michelle Lam, Trey McArver, Larry Brainard, 14 Dec 2017
* China Watch: Outlook for 2018, Larry Brainard, Trey McArver, Michelle Lam, 7 Dec 2017
* China Perspective: North Korea scores, US stuck, Jonathan Fenby, 1 Dec 2017
* China Watch: The profit cycle – still some way to go, Michelle Lam, Trey McArver, Larry Brainard, 30 Nov 2017
* China Watch: China’s road to an automotive superpower, Michelle Lam, Trey McArver, Larry Brainard, Kingsmill Bond, 23 Nov 2017

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China's railways on the fast track to growth

Overview

Railways have emerged as a major investment theme in China, with government plans for state expenditure on the sector amounting to Rmb1.25 trillion (US$183 billion) in 2006-10. We believe this figure represents only the minimum level of government investment needed to remedy the network deficiencies that are holding back the growth China needs. It does not include further increases we believe the government will unveil as part of its forthcoming fiscal stimulus package, which we...

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