"I do not particularly like Chinese companies . The good companies are not cheap, and the bad ones are so bad that I do not want them , " Faber said in an interview . " Who wants to take advantage of China, the best buys shares from Hong Kong. Moreover, shares of casinos in Macau are interesting . If China does not suddenly legalized gambling on the mainland, the growth is expected to continue there. " In addition, Faber does not believe the official statistics, China growth . Thus, the alleged growth of seven percent this year is much too high. " Four percent at most ! " Said Faber Growth was . Bloated. " In recent years, China has extremely extended the credit amount . Growth with much money you can always blow up . " - in wiwo.de
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.