Foreign Investors Wary of China's Economy Despite Reforms
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Despite reforms, foreign investors cautious on China as economy changes, rewards fall
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Privately owned firms now have less access to debt markets than state-owned firms
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Investor survey shows weakening confidence in Chinese economy over next 12 months
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Property developer troubles reduce private company bond issuance, hurts foreign interest
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State control over winners and losers in economy outweighs financial market reforms