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Tuesday, November 22, 2011

Real Inflation in China is Somewhere Between 12 Percent And 15 Percent

Don’t believe China’s consumer price index stands only at 5 percent. The truth is somewhere between 12 percent and 15 percent... The real-estate bubble is so evident that Chinese property shares are very weak as the volume of real-estate transactions goes down and prices fall. - in Taipei Times

Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.


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