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Thread: Should China learn from US?
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[quote=FRANKENSTEIN,275681]After US Fed announced to lend primary dealers in the bond market up to $200bn in Treasury securities for a month at a time and accept ordinary AAA-rated mortgage-backed securities as collateral in return, stock market surged very fast. Dow Jones Index increased 416.7 points. It seemed that Fed's move has taken effect. Compared with US stock market, Chinese stock market dropped seriously. The Shanghai Composite Index went down below 4000 points, closing at 3971 points. Some investor suggest that CSRC (China Security Regulatory Commission) should also take some measures to save the market. However,the vice president of CSRC said that they won't play the role of the rescuer and the investors should be confident about the stock market. Although the stock market met some trouble, the micro-economy is developing stably. What do you think of it? Should China learn form US to intervene in the stock market?[/quote]
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