China's economy is showing the same symptoms that sparked the financial crisis in 2008, Nomura...

|By:, SA News Editor

China'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.