China Stocks May Rise 10-15%, Macquarie Says

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Jan. 2 (Bloomberg) -- Jiong Shao, head of China strategy at Macquarie Securities Ltd. in Hong Kong, talks about the outlook for China's economy and stock market. A gauge of China’s manufacturing showed a third month of expansion, adding evidence that the recovery in the world’s second-biggest economy will extend into the new year. Shao speaks with Susan Li on Bloomberg Television's "First Up." (Source: Bloomberg)