Mark Mobius: Problems in China as Large as US Subprime Debt [VIDEO]

Mark Mobius, executive chairman of Templeton Emerging Markets Group, discusses China’s “good move”, the unlikeliness of a big correction there and investing in Egypt. Mark Mobius, executive chairman of Templeton Emerging Markets, tells CNBC why the protests in many emerging markets are positive in the long-term. But he does not that the problems in China are as large as those of the US with its subprime debt bubble.

Mark Mobius Video below