"Investors attracted to China like moths to a flame."
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Woodford said on the world markets seem to draw like moths to a flame by number of Chinese GDP growth.
"I do not deny that long-term economies such as China will grow much faster than the West."But I think it must be very careful about the correlation between growth necessarily and economic opportunities and the opportunity to earn money, "said Mr. Woodford."China has obtained some massives.En ultimately, main challenges will be the change of 180 degrees of induced export growth domestic consumption growth.
M. Woodford concerns coincide with figures showing that the prices of foodstuffs in China were 10 highest 1pc in October than in the same month last year — an inflation level not seen since mid-2007.This is deepening fears that China's economy has begun to overheating.
Stock markets have reacted, which Hang Seng 10pc since mid-November in the middle of the concerns that the authorities will be more bloodshed HK index will expand efforts to cool the economy China .Banque also ordered to stop lending in the weeks commercial banks remaining of the year.
But Anthony Bolton's Fidelity remains "because it is convinced that never" potential in the long term the Chine.Plus earlier this month, he said: "China will become the dominant economy in Asia and it will have an effect on countries in the region."
