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Economic Watch: Italian firms show confidence in China’s growth prospects

NANJING, March 10 (Xinhua) — For Luca Pozzi, general manager of Manuli Hydraulics (Suzhou) Co., Ltd., the Chinese market is the largest in the world and its potential remains enormous, so he has never lost confidence in expanding the Italian firm’s presence in China.

“Of course, the environment will be more competitive, but we remain very confident due to the specific projects we have launched here,” Pozzi said