Marc Faber : I think the Chinese economy is decelerating

Marc Faber : "....I don't think it will double dip for now. And we live in a global economy today. And you have part of the global economy that are relatively weak, like the U.S. and Europe, although from the lows, they have recovered somewhat. But then you have other parts of the world that are still very strong, the emerging economies, in particular China and India. Now the big question is obviously what will happen to that part of the global economy because that has been driving overall economic growth in the world. And I think the Chinese economy is decelerating. And I think that next year there could be some significant disappointments. "...Marc Faber told Bloomberg on 12/9/10