Marc Faber : The Inflation in China is much Higher than it seems

Marc Faber : "The inflation in China is much higher than it seems. Credit growth in China will slow down. It is very much depends on whether they're going into hard landing or soft landing, but this will inevitably lead to economic slowdown in emerging markets," - in The Malaysian paper The Sun Daily

Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.