The year to expose losers of the nation

Investment banks have released quite a few reports on China in 2015. Some points are obvious.

One of the easiest things in the world to forecast is Beijing's further lifting of the overall credit line, including a few cuts in the interest rate and banks' reserve requirement ratio, most likely between the first and second quarters.

Government-led growth stimulus, mostly jointly underwritten by the central coffer and large financial and corporate entities, will be huge. To some extent, it can be called quantitative easing with Chinese characteristics, although the use of funds will be targeted more to mega national public infrastructure in the interior and western frontier regions.