China is entering crisis “danger zone”, says BoJ’s Nishimura


The risk of a financial meltdown in China is rising if one believes rising real estate prices, aging populations and real loan rate are important indicators of future financial collapse.

Using such analysis, which appears to hold true for financial problems in both the Japan and the US during the past few decades, China "is now entering the danger zone", Kiyohiko Nishimura, deputy governor of the Bank of Japan told a conference of central bankers in Sydney today (August 23).

Nishimura was

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