Beijing Subway System Shows Need for Expansion

Oct. 17 (Bloomberg) -- Bloomberg's Christine Hah reports on the crowded Beijing subway system, the oldest metro in mainland China, which transports over 10 million passengers each day. After about $5 trillion in spending on infrastructure over the past five years, China still needs more. The nation struggles to provide drinkable tap water, millions of people live in shantytowns and the length of the rail network is yet to match that of the U.S. in 1880. (Source: Bloomberg)
Cyclical Stocks Beginning to Move in Right Direction
06:22 - David Gaud, a Hong Kong-based senior portfolio manager at Edmond de Rothschild Asset Management, talks about global stocks and his investment strategy. Gaud also discusses Federal Reserve policy, China's yuan and the nation's economy. He speaks with Angie Lau on Bloomberg Television's "First Up." (Source: Bloomberg)
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