"A hard landing is practically unavoidable," Soros said on Bloomberg Television from Davos. "I’m not expecting it, I’m observing it. China can manage it. It has resources and greater latitude in policies, with $3 trillion in reserves." .... http://www.bloomberg.com
Thursday, January 21, 2016
George Soros Says He Expects Hard Landing for China Economy
Billionaire investor George Soros said China’s economy is heading for a hard landing and will contribute to global deflation.
"A hard landing is practically unavoidable," Soros said on Bloomberg Television from Davos. "I’m not expecting it, I’m observing it. China can manage it. It has resources and greater latitude in policies, with $3 trillion in reserves." .... http://www.bloomberg.com
"A hard landing is practically unavoidable," Soros said on Bloomberg Television from Davos. "I’m not expecting it, I’m observing it. China can manage it. It has resources and greater latitude in policies, with $3 trillion in reserves." .... http://www.bloomberg.com
