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A bull in the China shop?

John Redwood, Charles Stanley’s Chief Global Strategist, asks whether gains in the Chinese stock market are unsustainable.

by
John Redwood

in Features

30.08.2016

The Chinese stock market has been making some upward progress this year after the dramatic boom and bust cycle it went through in 2015. The authorities had a plan to involve more Chinese people in the stock market, and to gradually open Chinese shares to more foreign capital and influence. Unfortunately for them, individual investors and brokers took to the idea in a rush, and bid the market up to very high levels on borrowed money.

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