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Thread: Mainland stock market slumped yesterday
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[quote=ERENCIUS,272328]Quote: "Not long ago, the central bank decided to reduce the money supply to curb the inflation that is the hightest in recent 11 years." I don't think it is the right way to reduce the Inflation in the current Chinese situation. Better implement a stop and go policy : increasing interest rates pushing people to save money rather than to borrow. I guess soon the Chinese economy will be overheating. Better slow it down a bit and then let it grow at a steady pace. This is just my point of view though ;-).[/quote]
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