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Debt burden may worsen with Shanghai Composite forecast to drop as much as 27% in 2016

Following the CSI 300’s tumble earlier this week, banks like Julius Baer and Bank of America Merrill Lynch (BOAML) are warning investors of further systemic headwinds faced by the Chinese economy in 2016. Julius Baer’s chief economist Janwillem Acket sees the 6.5% growth target that policy makers in China have over the next five years as “very ambitious”, especially with an…

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