"We have high inflation in Vietnam and China. If each of the central banks does not do anything, inflation will accelerate and eventually cause even more problems. If the central banks step in and tighten monetary conditions, it would not be very good for equities."- in Economic Times
Related: iShares FTSE/Xinhua China 25 Index (ETF) (NYSE:FXI), Market Vectors Vietnam ETF. (NYSE:VNM)
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.