
China On Brink Of Bear Market As State Rescue Fails
An already tenuous situation in mainland Chinese equities deteriorated further Tuesday despite state

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I guess we’ll see whether the action in China’s markets is foreshadowing action to come in developed and US…
The only worse optics than CSI 300 tanking during NPC is for it it to then be “saved” by a tech bounce and rate moderation in the US, especially after a failed intervention locally.
Perhaps Comrade Xi could be persuaded to comment on that? 😉
I’ll ask him. What’s his fax number…?