George Soros on China

A hard landing for Chinese markets could come, Soros said, due to a significant increase in supply offset by falling demand. China's regulatory authorities have managed the situation well thus far, he said, but he's concerned about how various countries are maneuvering in the face of global imbalances.

Looking back at the past year's responses to the global financial crisis, Soros says lending by Chinese government-owned banks was indeed excessive, but that regulatory decisions to adjust reserve ratio requirements were appropriate.

Full article