Marc Faber believes China is not a bubble

Since your comments about the tech boom are famous for their  prescience, my question is: do you see any similarities between the tech bubble and China?Marc Faber: Every rapidly growing economy is characterized by booms and busts and China is no exception with some sectors of its economy going at present through a boom cycle. The real estate boom has been deflated, but the stock market still needs a significant adjustment on the downside -at least another 50% or more. I am less concer…