Nomura: 5 Reasons Why We're Pessimists On China

Just passing along an out of consensus view. This was one of David Rosenberg’s tail risks mentioned the other day and is obviously a big driver of global growth. While China appears to have landed softly, Nomura analysts still see risks to the downside: “We reiterate our out-of-consensus view that growth will surprise on the downside in H2.

 

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