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Moment Of Truth Looms For Historic China Rally
If you're curious as to how committed officials in Beijing really are to the stimulus push behind a world-beating rally in Chinese equities, Zheng Shanjie will offer some policy specifics this week.
Zheng's the head of China's economic-planning bureau, the National Development and Reform Commission. The department will hold a press conference on Tuesday, when mainland markets re-open after Golden Week.
To restate the obvious: Investors -- hell, forget about investors, everyday Chinese -- need
Communist? Neither Marx nor Mao would recognize it. And the Chinese working class?