China Rate Cut Hacks a Risky Path

This is an fascinating article I came across this morning. I don't absolutely concur with the publisher, however I discovered it to become an excellent read. If you have a new moment an individual ought to give it any look.

China Rate Cut Hacks a Risky PathAlex FrangosThe Wall Street Journal EuropeJun 29 2015It didn't take much for the People's Bank of China to blink. After Chinese stocks cratered Friday--the culmination of a 10-trading-day run that erased nearly one-fifth of the stock market's value--China's central bank sprang a surprise quarter-point...read more...

http://vladimirbrody.com/2015/06/29/china-rate-cut-hacks-a-risky-path/

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