"We already have a property bubble in China, but that does not mean that the whole economy will go into recession. And I would add to it, that even if there is a slowdown in China, its an huge country, like the US was in the 19th century and still is, so you can have a some sectors of the economy going into recession and other sectors still expanding."
in Bloomberg
Related: iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI) , Morgan Stanley China A Share Fund, Inc. (NYSE:CAF) , PowerShares Gld Drg Haltr USX China(ETF) (NYSE:PGJ)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.
Showing posts with label china. Show all posts
Showing posts with label china. Show all posts
The Impact Of The Property Bubble In China.
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china,
china growth rate,
iShares FTSE/Xinhua China 25 Index (ETF),
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