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    China NBS spokesman: Prepared for Fed rate hikes Dhwani Mehta

    China National Bureau of Statistic (NBS) spokesman was on the wires last hour, expressing his views following the release of the Chinese data dump.Key Quotes:China economy is overall stableIndustry indicators like electricity look goodProgress being made on structural reformsUncertainties from Fed, domestic eco transformationHope us considers spillover effect from fed movesFed impact may be positive and negative; market prepared somewhatDon’t see property investments overheating

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