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Posts Tagged ‘ China Railway Group Ltd. ’

Merrill Lynch: Emerging Market Infrastructure Spending Will Surge 80% in the Next 3 Years

Jul 9th, 2008 | By Jason Simpkins | Category: Emerging Markets

Merrill Lynch & Co. Inc. (MER) has raised its annual infrastructure-spending estimate for emerging markets by 80%, as developing countries try to keep pace with fast-growing economies and large cash reserves, BusinessWeek reported.