Hong Kong, China most at risk of financial crisis within next three years, bank warns | South China Morning Post

Hong Kong and mainland China are the most vulnerable economies at risk of a financial crisis over the next three years as over 40 out of 60 economic indicators are sending alarm signals, including runaway property prices and soaring levels of private debt, according to an investment bank report.

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Emerging markets are more at risk of a financial crisis than developed countries and Asia – excluding Japan – is the region most at risk, led by Hong Kong and mainland China, the Nomura report said.

Hong Kong, China most at risk of financial crisis within next three years, bank warns | South China Morning Post