Nomura Research: China is facing a 'balance sheet recession'

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Richard Koo of Nomura Research Institute says the situation China is facing is similar to what Japan faced in the 1990s.
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More like US forced Japan to stay in line in the rear after most European nations especially behind fellow anglo nations. Japan rewarded was Stagflation and the lost 2 -3 decade.

NoFrillz-G
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balance sheet recession for what? Chinese automobile?solar?chip?AI?

lukehua
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China economy collapse to see this old man coat DJI microphone 🎙️🎤.

mirzagaming
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Koo San, Nomura has been on about this for months yet Chinese secondary property market was hot and IMF just upgraded its growth

tengchuankhoo