23 September, 2011

Is China A Bubble?

"If we define a bubble as excessive credit growth and artificially low interest rate, then China has had a gigantic bubble. Now, will it collapse or will it just slow down, that is a different issue but some sectors of the economy will collapse. - in Economic Times

Ticker, iShares FTSE/Xinhua China 25 Index ETF (FXI)

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.