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Thread: Who can save Chinese stock market?
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[quote=APAULT,268887]Most of the sales were from short term speculators and those who had borrowed money to buy shares. 99% of shares were NOT traded. The Chinese economy is still sound but overheated so that there are too many buyers chasing limited resources which is causing inflation and general inefficiency. Any slowing in the world will reduce the overheating in the Chinese economy but not bring it to a halt. Buy quality shares now that they are a little cheaper and keep them.[/quote]
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