China Still Has Lots of Stimulus in the Pipeline

By on October 21, 2009

This according to The Pragmatic Capitalist, who figures that China’s stimulus spending in 2010 will be 40% higher than this year. Nomura Securities provided the details cited by TPC.

Last month, Societe Generale (SocGen) analysts speculated that the massive stimulus still coming will create a bigger bubble and subsequent bursting than the Japanese experience of the 1980’s.

There is reason to believe that the liquidity driven bull market in emerging markets equities may have significantly further to run.

Source:

http://pragcap.com/chinas-stimulus-based-investment-boom-is-just-beginning

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