springhill group seoul news, BOJ official sees China for facing financial crisis

posted by hannahbrooklyn 36 days ago under springhill group seoul, boj official sees china -in danger zone-for fac
TOKYO (Reuters) - The combination of a property price bubble, demographic changes and rapid loan growth heightens the chance a country will face a financial crisis, a Bank of Japan deputy governor said on Tuesday, warning that China is now entering a "danger zone" in this regard.
Kiyohiko Nishimura, one of the BOJ's two deputy governors and a former university professor with expertise on data analysis, noted that there were similarities between Japan's asset-price bubble of the 1990s and the U.S. housing market bubble of the 2000s. » springhill group seoul news, BOJ official sees China for facing financial crisis
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