Why big games leave market cold
By You Nuo | China Daily | Updated: 2008-06-16 07:35
What is wrong with the Chinese stock market? After a whole week of tumbling, the Shanghai Composite Index reached its yearly new low last Friday.
The fundamentals of the economy are not as bad as the market may suggest, especially when the pressure of inflation seems to have temporarily eased a bit.
Even though we admit that inflation is going to be a long-lasting trend, it is a problem that all manufacturers in the world, and not just those operating in China, are facing.
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