02 December, 2011

We Could Have A Hard Landing With No Growth At All

The Chinese economy consists of many sectors and I think some sectors are already probably in a recession. I think growth will be much lower and it is possible that we could have a hard landing with no growth at all. - in CNBC

Related, 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.