1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
guruek
guruek
Articles (5983) 

Marc Faber: China Will Implode Someday, But Not Right Way

January 13, 2010

A couple of days ago, Short-sell Guru Jim Chanos called China “Dubai Times 1000” and predicted a crash in China. Another Jim, Jim Rogers disagreed and called Jim Chanos did not know what he was talking about.

Who is right?

Yahoo! Finance Tech Ticker brought Marc Faber to be judge.

Faber acknowledges there is excessive credit in China, but the oversupply of money has been used to build the infrastructure, education, and R&D, rather than consumed. And that is the difference between China and US.

Faber too is worried about the bubble burst in China, but he does not see it imminent. “ It is very difficult to pinpoint a day when China will implode, I don’t think it will happen right way”, he said.

But investors should worry, when China crashes, so will the commodity and other emerging markets.

Watch the Yahoo! Video:




Rating: 2.5/5 (13 votes)

Comments

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


blohmventureslow coverage sp500 pb and p/fc
blohmventuresminimal coverage but in sp500
teichman82interesting 2
apliszkaInsider >$5
blohmventurespetrovski score and earnings p
daftheadergreat cap allocator
kirk2% Div Growth
BoKraTest
rael2222ribasso 1
Nelson HsuAlphabet Scores

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK