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Archive for March 5th, 2007

China’s Bubble Trouble

CHINA’S BUBBLE TROUBLE
Look out below! It seemed as if the sky was falling
for China’s new breed of stock market investors last
week. The Shanghai Composite Index, similar in
importance to Chinese market speculators as its
cousin, the New York Stock Exchange is to gamblers
(or if you prefer, shareholders) in America, lost nearly 9
percent last Tuesday.
The [...]