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Old 05-31-2007, 10:13 AM
Rubber Duck's Avatar
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Default Chinese Meltdown?

I went to bed last night with a very gloomy assessment from the BBC television news. Chinese shares down 6% and likely to unhinge stockmarkets around the World.

Check the BBC Internet today, this has been quite shaken off and the advance in Shanghai is continuing unabated.

http://news.bbc.co.uk/2/hi/business/6707153.stm

Just goes to prove that what is happening in China is completely without precedent, and the western analysts are completely incapable of understanding the phenomenon. It is outside their Box and that is not a place where they do their thinking!
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