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BIZCHINA / Macro Economy |
Growth estimate upgradedBy ()
Updated: 2007-06-22 11:20 Deutsche Bank yesterday said it upgraded China's 2007 gross domestic product growth forecast to 10.7 percent from the previous 10 percent, reflecting accelerating fixed-asset investment and industrial production growth. It said the government should consider abolishing the interest tax in the near term. (For more biz stories, please visit Industry Updates)
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