Guest Column

Optimism over healthcare and environmental sectors

  • Published 08 Apr 2010

Michael Chiu, head of Greater China Funds at ING Investment Management, is hopeful that recently announced government spending plans will support wind power and medical equipment manufacturers.

At the National People's Congress in March, the Chinese government stated that it would increase its spending budget by about 11% year on year in 2010. This is a big jump down from the 21% rise of 2009, equating to slower gains in infrastructure and social spending programmes.

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