January 9, 2012 – Quote of the Day

“China is not going to have a hard or soft landing. It is going to keep on flying. There is a tremendous amount of momentum in the Chinese economy. There’s a lot to be done in terms of infrastructure. At the low end there is a lot to be done in housing. And it now has the largest amount of foreign exchange reserves in the world, by far,” said Mark Mobius of the Templeton Emerging Markets Group.