Tuesday, January 19, 2016
Marc Faber : China Growing at 4% at Best
"An economy is very complex and you have some sectors of an economy expanding and some sectors contracting," Faber told CNBC's Squawk Box. But he added, "My sense is that at very best, the economy is growing at around 4 percent per annum but it could be lower."
Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.Dr. Doom also trades currencies and commodity futures like Gold and Oil.
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Maybe he true GDP growth is 2.5%, or even -2.5%. It really depends on which area of the China economy your involved in.
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