Friday, March 02, 2007

China and the stock market roller coaster ride this week

From family - travels
Jerry Bowyer - BuzzChart: Red Tuesday, Part Deux On Tuesday the Chinese government was talking about interest-rate hikes and taxes on capital gains. In an instant, almost 10 percent of the Shanghai Stock Exchange (SSE) Composite Index was gone. The following day, the government reversed course, and almost half the index's value returned...

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