Nomura's Koo on Fixing China's 'Balance Sheet Recession'

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Richard Koo, Chief Economist at Nomura Research Institute, explains why he thinks Beijing's stimulus so far is not enough to get the country out of a "balance sheet recession". He speaks with David Ingles and Yvonne Man on "Bloomberg: The China Show."
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China's 🇨🇳 stimulus package trying to fix its property market malaise
is like throwing a cup of water on the forest fire. LOL

lastChang
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Great talk🎉Mr. Koo is the person who can interpret this situation the most clearly,thanks hosts

vanessawu
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