Monday, May 03, 2010
Chinese stocks – canary in the coalmine?
Investment Postcards: Chinese stocks – canary in the coalmine?
In another move by the Chinese authorities to reign in its booming economy, China’s central bank yesterday announced the third increase this year in the amount banks must hold as reserves. These measures have been weighing on the Chinese stock market over the past few months. I will monitor this situation very closely for a possible leash effect regarding global stock markets.
Posted by prieur du plessis @ 03:12 PM (180 views) Add Comment
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