Showing posts with label China. Show all posts
Showing posts with label China. Show all posts

Thursday, August 23, 2012

Marc Faber warns about China slowing down and buys European stocks

The publisher of the famous Gloom Boom & Doom report Marc Faber is very pessimistic about China these days. He warns that the biggest Asian economy will not be able to maintain its growth rate and will slow considerably. So Mr Faber is buying European stocks.