Nomura: China recovery unsustainable | | MacroBusiness

Interesting take by Nomura, reported by FT Alphaville.

Nomura thinks that after this year, China’s days of 8 per cent-plus growth are finished, and that stimulus efforts will run into problems with CPI inflation, not to mention its own credit system…..

via Nomura: China recovery unsustainable | | MacroBusiness.