Tuesday, 24 November 2009

Bond King Bill Gross: Major China bubble ahead



Tuesday, November 24, 2009


From Newsmax:

The investment guru who runs the world’s biggest bond fund at Pimco, Bill Gross, says a speculative bubble is emerging in China. 

Real economic growth there is still constrained by limited consumer demand from the United States and other trading partners 

Gross told Bloomberg News that the Chinese will have “a bubble of their own” to confront shortly. 

Read full article...

More on China:

Morgan Stanley: Huge buying opportunity in China

Master short seller Jim Chanos: China could crash soon

China shakes the gold industry: Rumored to be interested in major U.S. gold miner...

Topics:China | Bill Gross | Cruxallaneous