The stocmarket hiccup

The stocmarket hiccup
Mar 1, 2007 01:22
APAULT Points: Join Date: Mar 11, 2006 Status: offline	It was interesting to see how the rest of the world panicked when the Shanghai stock market recorded a drop of over 8% in one day. Even though Shanghai has just 2% of the world's shares based there, it has shown that at long last world traders have realised that the Chinese economy (and Indian perhaps) is what's driving the world economy these days. Sure, the 'readjustment' was nothing to do with the Chinese economy, so the panic may not have been justified but the awareness has begun.

Mar 1, 2007 01:22

APAULT
Points:
Join Date: Mar 11, 2006
Status: offline

It was interesting to see how the rest of the world panicked when the Shanghai stock market recorded a drop of over 8% in one day. Even though Shanghai has just 2% of the world's shares based there, it has shown that at long last world traders have realised that the Chinese economy (and Indian perhaps) is what's driving the world economy these days. Sure, the 'readjustment' was nothing to do with the Chinese economy, so the panic may not have been justified but the awareness has begun.

Mar 1, 2007 19:29	#1
CANDYQ Points: Join Date: Feb 8, 2007 Status: Offline	So, thanks to the hiccup, one should have known the truth, :) anyway, better late than never.

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