HSBC's Neumann on China

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Jan. 20 (Bloomberg) -- Frederic Neumann, an economist at HSBC Holdings Plc, discusses the Chinese economy, exchange-rate policy and the risk of inflation. China’s growth accelerated to 9.8 percent in the fourth quarter as industrial production and retail sales picked up, driving stocks lower on speculation that an interest-rate increase may be imminent. Neumann speaks with Mark Barton on Bloomberg Television's "Countdown." (Source: Bloomberg)

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