China nearing credit explosion: Bank of Singapore

Jan 13, 2014

Watch for a debt crisis in China, keep allocating to developed markets and don't expect a US interest rate rise any time soon, advises the private bank's chief economist.

China nearing credit explosion: Bank of Singapore

China is spiralling towards a credit crisis, but it will not be on the same scale as that sparked by the Lehman Brothers collapse in 2008, says Richard Jerram, chief economist at Bank of Singapore.

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