28.05.2010 - China property crash key to stocks bull run, Xie says
From Bloomberg: China needs a property crash for stocks to return to a bull market because that would jolt investors into switching money to equities, former Morgan Stanley economist Andy Xie said. “The property market is sucking in all the money,” said Xie, who correctly predicted in April 2007 that China’s equities would tumble, at a forum in Beijing today. “Without the property market crashing” a bull market in stocks is “unlikely,” he said..............................................Full Article: Source
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