Day: May 18, 2007

China Central Bank Raised the Rate

Reading Time: < 1 minute You can read all this in JRJ.com if you know Chinese. My take on this is policy only works when market does not anticipate this. This time China Central Bank did give the investors (speculators) a surprise. But fundamentally, the growth of economy won’t slow down, and the company earning growth should continue for a while. Even in

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stlplace
May 18, 2007
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