Wu Xiaoling, the deputy governor of the People's Bank of China said, "If we rush things too much, this will hurt the Chinese economy and the global economy," she said. "We are moving in a smooth manner, and this will help us all."
Here's the anti-China slant from the Washington Times.
财经的报告。
The currency issue remains an important factor in investing in China and can greatly affect returns. However it is not a reason to invest in equities, only a factor used when deciding which equities will outperform given the current situation.
Five & Dime
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FEEDI’m still keeping things light and mellow. I have just five short
positions, by way of September in-the-money put options. These positions
are as follows:
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