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China real estate

Posted on 16 May 2011

As China’s government was trying to cool its hot real-estate sector by clamping down on construction last year, UBS AG analyst Mick Mi tipped the stocks of cement and backhoe makers. The counterintuitive view proved smart, landing Shanghai-based Mr. Mi at the top of The Wall Street Journal’s Asia’s Best Analysts 2010 ranking for China.
“(This view) could be a surprise for some investors,” says the 31-year-old Mr. Mi. “Investment is still a very important driver for the economy.”………………………………………Full Article: Source

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