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Marc Faber on China Interest Rate Hike and Still Expects Stock Markets to Fall

Stock-Markets / Financial Markets 2010 Nov 20, 2010 - 07:33 AM GMT

By: Videos

Stock-Markets

Best Financial Markets Analysis ArticleMarc Faber discusses China interest rate hike for the fifth time this year as inflation surges. Inflation hits people all over the world, official CPI do not reflect real cost of living increases, which is worse in emerging markets as per capita income is lower. Real chinese inflation is running at about 10% per annum. Still expects stock markets to fall, no new imminent high.



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