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Nomura analysts forecast China credit boom
November 04, 2009
Fears that China’s investment boom cannot be sustained beyond next year are premature, argues Nomura. It says that the surge in fixed asset investment on the back of stimulus measures will be a catalyst for long-term growth.
China’s investment boom this year will pave the way for long-term economic growth and will continue even as the impact of government stimuli begins to fade, says Nomura.
The number of fixed asset investment projects started in the first...
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