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Strategies & Market Trends : Greater China Stocks

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From: Julius Wong	4/8/2012 1:45:37 PM
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China doomsayer sees crash coming By Chris Oliver, MarketWatch HONG KONG (MarketWatch) — China’s consumption boom is drawing to a close, according to one economist’s contrarian view, which calls for no growth — or even a contraction — in the Chinese economy and the advent of an era of deflation and weaker spending. Investments leveraged to the rise of the Chinese consumer, ranging from Australian miners to luxury-handbag makers and even iPhones are due for a reality check, according to Jim Walker, founder and managing director of the Hong Kong-based economic research company Asianomics. marketwatch.com

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