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China Bubble Poses Global Risk: Faber

Tue 02 Aug 11 | 02:30 AM ET
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China Bubble Poses Global Risk: Faber

Tue 02 Aug 11 | 02:30 AM ET
"If Chinese growth really slows down or if they have a crash... it could trigger a vicious circle on the downside and I would say there is a fairly good chance that this could happen," Marc Faber, managing director, editor and publisher at The Gloom Boom & Doom Report told CNBC. "This would be really something the world's central bankers wouldn't be able to help with printing money," he added.

Topics:

China  | Economy (Global)  | Currencies
 
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