Hedge Fund Intelligence Hedge Fund Intelligence - China | Page 10

CHINA 2013 MACRO OVERVIEW MACRO OVERVIEW CHINA 2013 increasing and the capital-intensive manufacturing sector declining slightly,” says Adam Wolfe, director for emerging Asia at Roubini Global Economics in London. The figures speak for themselves. In the first half of 2013, growth in output from the services sector reached 8.3%, compared with 7.6% in manufacturing and construction. This is important for several reasons. ???????????????????????????????????????????????????????????????????????????????????????? ???????????????????????????????????????????????????????????Q?????????????????????????????????????????????????????????????????????????????q ???????????????????????????????????????????t????]???????qQ??????????????????????????????????????????????????????%???????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????t???????????????????????????????????????????????????????????????????????????????]????????????????????????????I?????????????????????????????????????????????????????????????????????????????????????????????????????? ????????????????????????????????%??????? ???????????????????????????????????????????????????????????????????????????????1??????????Q?????????????????????????????????Q?????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????????%??????????????????????????????????????????????????????????????????????????? ?????????????i?????????????????????????????????????????(???M???????I?????M???????????+ ??!???????%??????????()-d? QL()??????????????????) ????????????????????????????@????????????????????????????????????)M??????5????????????????????()5?????????I??????1?????????????()9????????????????????????????????????(???()I???????????????????? ?????(??????????????????E???%????)?()%??????)????????)??????M???????????a4? ???????M???????????d??9??????????()%?????() ???()Q???() 8()??() ???((0