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China » Outlook International Property Brokers predict that the real government consumption growth would rise to 6.5% in 2007. The government of China commits to raise the standards of health and education in the rural areas of the country where it’s really needed.
As far as banking sector is concerned we predict that lending will rise in 2006. Whereas the country can face the over-investment and oversupply problem in the coming year.
Private and public consumption spending will take up some of the slack, but real GDP growth is expected to slow to 8.3% in 2007.
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