Will China be next to intervene to fix its ailing economy
After fresh bouts of central bank action in Europe and the US, the pressure is now on for the Chinese to come up with similar support, beyond what it is already doing.
We asked our readers last week if they were hoping that China would follow through on that pressure and deliver another round of stimulus. Most said that they were, but it was an undecidedly slim margin.
China’s predicament is becoming increasingly desperate. Until recently, many bulls had considered the country’s central bankers to be doing a good...
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