Sunday, December 29, 2013

China: A Hard Landing Becomes More Likely In 2013

But a hard landing becomes more likely in 2013, as the stimulus fades, nonperforming loans rise, the investment bust accelerates, and the problem of rolling over the debts of provincial governments and their special investment vehicles can no longer be papered over. - in Irish Times
Nouriel Roubini is an American professor of Economics at New York University`s Stern School of Business and chairman of RGE Roubini Global Economics
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