Wednesday, December 7, 2011

Hard Landing only in some sectors of the Chinese Economy

Jim Rogers : well they are going to have some parts of the Chinese economy that are going to have a hard landing , The Chinese for two years now have been tightening up , they've raised interest rates 6 times , they raised reserve requirements a dozen times , just recently they started loosing up a little bit , they are trying , they are trying to bring down the real estate they are trying to make real estate developers going bankrupt , so you are going to have a hard landing to use your terms in things like property in China , but other parts of the Chinese economy are going to continue to boom , water treatment agriculture ...so you are going to have sectors of the Chinese economy in serious problems but it is not the whole Chinese economy , it is not like it was here

No comments:

Post a Comment