Tuesday, May 18, 2010

Marc Faber on China Bubble

Marc Faber on China Bubble
Marc Faber, publisher of the Gloom, Boom & Doom Report, says China is overdoing it: "It does not make sense for China to build more empty buildings and add to capacities in industries where you already have overcapacity. I think the Chinese economy will decelerate very substantially in 2010 and could even crash."

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