Zuckerman: Smart money betting against China

An interesting opinion, and probably one of the first I’ve heard openly calling for the Chinese economy to start facing missteps and crumble.

Zuckerman says “a lot of people are betting against China, or trying to figure out ways to bet that China will have real deep problems. Obviously they have got too much growth right now, not too little growth.” China’s economy grew 9.70% in the first quarter of 2011 as compared to the same time period last year, according to China’s National Bureau of Statistics. But inflation is rising, and Zuckerman adds, “betting that there’s real deep problems in China is a little bit out of the box, it’s not conventional wisdom.”