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Don't expect China to ride to the world's economic rescue, and don't expect its booming growth...

Don't expect China to ride to the world's economic rescue, and don't expect its booming growth to continue, Gordon Chang warns in predicting a "hard landing" coming for China. Bubbles created by excessive government stimulus have not been addressed, and transitions inside the political system are making it less likely they will be before market forces intervene.
Comments (3)
  • Guy said china would collapse in 2006. Amazing foresight.

     

    If you keep saying someone "will die today" everyday for 200 years, one day you will be right. And, judging by continued interest and intrigue in Gordon Chang today, the world will come congratulate you on your day of vindication.
    18 Nov 2011, 06:23 PM Reply Like
  • i cannot understand what does "hard landing" coming for China! its real estate bubbles start to be squeezed out! i chould say that "soft landing" is partially achieved by China. I will keep my positive star on China.
    19 Nov 2011, 04:55 AM Reply Like
  • If a 6-8% annual growth is a Hard Landing..I'll take it. So far across the board my China Investments are far surpassing S&P results ,,even in November !!!
    19 Nov 2011, 02:04 PM Reply Like
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