GOING BEYOND
12.09.2010
The smart money is betting against China
here's no country in the world that splits investment opinion more than China. Optimists see it as the world's saviour. After the credit crunch and Great Recession, China's rapid expansion was one of the main factors that dragged the planet back from the brink. While the bulls may expect growth to slow a bit, they still reckon it'll continue at a sustainable pace. And while China's stock market hasn't set the world alight of late, they believe it's just a matter of time before it takes off again. But comforting though it may be, we find it hard to take this argument at face value. There are several reasons why China could soon face a raft of problems, some of which could turn very nasty. And that could be a real threat to the global economy...
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