In other words, unless there are bottom feeders in the market with a long-term bullish outlook on the sector, 2012 promises to be a killer for China solar.
He still likes the long-term outlook in the growing Chinese market, applauding the company's plan to ramp up its Pizza Hut chain to 150 pizza delivery outlets by 2008 from 25 today.
All markets had share price growth that outpaced earnings growth, thus we have lowered our long-term outlook for international markets by the same 0.1 percent as the U.S. market.