China is "Flying on One Engine"

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China's urban fixed asset investment is much more important now as it is "flying on one engine" now, notes Michael Kurtz, head of China research & China strategist at Macquarie Research. He explains why to Michael Yoshikami of YCMNET Advisors, Daryl Guppy of Guppytraders.com, CNBC's Martin Soong & Amanda Drury.

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China is "Flying on One Engine"

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