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Bullish On China, But Not On PGJ

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China Mobile, China Telecom and China Unicom as the largest three players have net cash on their balance sheets, while AT&T and Verizon are struggling under their debt load. While hoarding cash is …

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China pledges $1.2trn package to shore up economy

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China’s economy has stuttered in recent months, facing strong deflationary pressures amid weak domestic demand, a property crisis and mounting financing strain for the indebted local governments. Concerns for China’s long-term outlook have been …

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