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User: batty5Time: 2014-03-05 09:09:42
The Chinese banking sector has roughly doubled in size since 2007 to around 24trillion (basically adding an entire US economy) and investment stands at around 50% of GDP. The government is trying to deflate growth at a controlled pace and re-position the economy to a sustainable one based on consumers. However if bank leading continues as in the past bust is inevitable.
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