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1.Market Observations, 8.Was Sticky

7 Aug 2017 (AFR) – Fresh fears China’s debt bubble could burst

(7 August 2017, AFR, p11, by Szu Ping Chan)

‘One of the world’s top economists has warned that China’s addiction to debt and reliance on investment-led growth will trigger a severe financial shock when its unsustainable economic model implodes. Harvard economics professor Ken Rogoff said a hard landing was inevitable for the world’s second largest economy as policy makers try to steer the economy towards domestic consumption.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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