May 3, 2010

Marc Faber: Chinese Economy Is Likely To Crash

“The Chinese economy is going to slow down regardless. It is more likely that we will even have a crash sometime in the next nine to 12 months. The market is telling you that something is not quite right"

in Bloomberg

Related Etf`s: iShares FTSE/Xinhua China 25 Index (ETF) (Public, NYSE:FXI), PowerShares Gld Drg Haltr USX China(ETF) (Public, NYSE:PGJ), iShares MSCI Emerging Markets Indx (ETF) (Public, NYSE:EEM)

Related stocks: China Mobile Ltd. (ADR) (Public, NYSE:CHL), China Life Insurance Company Ltd. (ADR) (Public, NYSE:LFC), PetroChina Company Limited (ADR) (Public, NYSE:PTR)

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