Marc Faber: Geht Chinas Höhenflug weiter?

[lisajason111]

thanks for the trnaslation, im his very loyal follower! funny hearning him speaking another language

[dangurami]

It's Swiss German :-)

Here a brief summary:

- Still a lot to catch up for China in respect to the developed countries

- Still sees an enormous potential in China, but now is not the time to get into chinese equities, he thinks that like other emerging stocks they're still expensive and need to correct.

- This correction will be greater than with US stocks

- Instead he recommends to go into chinese real estate since their price has not caught up yet to the GDP and the wages.

[berkeley73]

Cool, the first time I hear him speak Swiss :)

[ff1champ]

German I believe

Also no such thing as Swiss in a language context.

It's languages are German, Italian, French or Romansch