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China's economy is showing the same symptoms that sparked the financial crisis in 2008, Nomura...
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Monday, March 18, 5:29 AM ETChina's economy is showing the same symptoms that sparked the financial crisis in 2008, Nomura warns, citing a spike in leverage to a record 155% of GDP in 2012 from 121% before the crisis, a fall in potential growth, and soaring property prices. Should the government maintain loose monetary policy this year, the risk of a crisis in 2014 would increase.
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