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Xinyuan Real Estate Co., Ltd. Message Board

  • infn444 infn444 Jun 26, 2013 6:21 PM Flag

    This is what it will take to get Shanghai out of its FUNK

    Business / Markets
    PBOC will act 'if necessary'
    Updated: 2013-06-26 02:25

    By WANG XIAOTIAN (China Daily)

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    • PBOC will act if necessary...............................................well its necessary as Shanghai market is at a 4yr low and overall is down better than 66% from its all time high.People in China put thieir money in "housing" because they can see it and feel it, they see what they own. The government needs to change that perception of hard assets to the Stock market to get the country out of its FUNK STATE.. Uncel Ben did it in US by cutting rates on everything so the only game in town is the STOCK MARKET and China needs to do the same.

 
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