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Politics : Welcome to Slider's Dugout

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From: RonMerks	5/17/2007 2:16:35 PM
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China Bubble Crash coming soon! Goldman Sachs: China at risk of "market euphoria" marketwatch.com And this: China cracking! bloomberg.com Li, Asia's Richest Man, Says China Has Stock `Bubble' (Update5) By Darren Boey and Kelvin Wong May 17 (Bloomberg) -- Li Ka-shing, Asia's richest man, said China's stock valuations ``must be a bubble'' and prices are likely to decline. ``As a Chinese, I'm worried about the stock market in China,'' Li, 78, told reporters in Hong Kong today. He joins central bank Governor Zhou Xiaochuan in saying China's stock prices are excessive and spoke a day after Premier Wen Jiabao warned of ``problems'' for the economy. Ron

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