The rout in Chinese stocks continues.
The Shanghai Composite Index just hit 8 months lows - down 20% from their peak last fall - after a report showed inflation and home prices may be rising out of control. Inflation jumped the most in 18 months while property prices increased nearly 13%... meaning China's central bank may need to raise interest rates soon.
China's easy money policies have not kept Chinese stocks from falling, so there could be serious problems when rates begin to rise.
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