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China's Credit Bubble to End in 2010: Roche

Wed 13 Jan 10 | 04:00 AM ET
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China's Credit Bubble to End in 2010: Roche

Wed 13 Jan 10 | 04:00 AM ET
"There are two great bubbles in the world. One is Bernanke's Fed printing all that liquidity and the other is China where we saw an increase in credit last year of 25-30% of GDP," David Roche from Independent Strategy said Wednesday. China's monetary tightening move is not "surprising" as "China's credit bubble is coming to an end" this year, he added.

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