News Headline Summary

UBS sees China 2012 GDP growth at about 7.6% and sees China 2013 GDP growth recovering to about 8%

Says:

- China recovery on higher infrastructure investment and on property market improvement.
- China recovery will be domestic led, not export led.
- China inflation will start to pick up due to higher food price.
- China 2013 inflation is to average 3.5% vs. 2.7% 2012.
- Sees risk of China raising interest rates in H2 2013.
- Doesn't see new stimulus from new China government.
- China is to keep proactive fiscal policy in 2013.
- China monetary policy to be prudent next year.

05 Dec 2012 - 22:08 - Equities - Source: Newswires

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