China Is Strong & Growing, Says Macquarie, Citing One Hot Province

China is strong, a Macquarie Research piece proclaims, with the potential for 15% to 20% further upside potential in an oversold stock market. What is driving the strength is exactly what some analysts said was the cause for slowing: infrastructure spending. But to make a judgment on the overall economy, the report points to only one hot region.

Visit to fast growing interior region features smog free air, continued growth and other surprises

After visiting China’s Guizhou province in the southern interior of the country – the fastest growing region in the country –...