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Price Levels to Push Higher in Asia: Faber

Monday, 16 Aug 2010 | 9:30 PM ET

Marc Faber, editor & publisher of The Gloom, Boom & Doom Report, says the rise of Asia's middle class will push up demand and add to inflation in the region. He tells CNBC's Bernard Lo & Karen Tso that price levels will continue to rise, particularly in Singapore & Hong Kong.