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China Stocks: Goldman Sachs Sees Potential for 15%-20% Further Gains
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Timothy Moe, equity strategist at Goldman Sachs, discusses the outlook for Chinese stocks and the government's efforts to support the economy. Goldman has upgraded Chinese equities to "overweight" and said it sees further 15%-20% upside potential. The rally in Chinese stocks early Tuesday lost momentum after the National Development and Reform Commission, the country's top economic planner, held back in unleashing any more major stimulus at a press briefing. Moe speaks on Bloomberg Television.
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