Li Ka-Shing Dismisses ‘Hard Landing’ Risk for China as Global Growth Slows

http://www.bloomberg.com/news/2011-08-04/cheung-kong-s-first-half-profit-almost-triples-on-hutchison-unit-spinoffs.html

Li Ka-shing, the Hong Kong billionaire who predicted China’s 2008 stock market decline, said the nation’s economy will avoid a hard landing even as global growth slows.


SAMEER SAYS 


CHINS IS IN WAVE 4


SO IT WILL FALL ALONG WTH ALL MKTS


BUT IT WILL EVENTUALLY RISE MUCH FURTHER THAN ITS PREVIOUS PEAK


EXPECT CHINA TO CRASH AND THEN FINALLY RISE


I AM  LONG TERM BULL ON CHINA - ALONG WTH INDIA - WHICH IS IN A MUCH BETTER POSITION


INDIA IS IN WAVE 3 UP
THIS WILL BE THE MOST POWERFUL WAVE UP
THERE WILL BE SMALL HICCUPS BUT THIS IS THE BEST MKT TO BE IN THE LONG TERM


PATIENCE WILL BE REWARDED
SENSEX IS NEAR 17000
I THINK IT WILL EASILY CROSS 35000 IN 5 - 10 YEARS


I CANT SEE ANY RAY OF LIGHT AND HOPE FOR EUROPE AND US - FOR THE NEXT 5 YEARS