Forum
Posts by "qingyu"
2859 Posts Total by "qingyu":
55
Posts by Anonymous "qingyu":
do you mean socialism?
http://en.wikipedia.org/wiki/Karl_Marx
in main land china, stock market is nothing about investment. that is a big casino, also ATM for rich and powerful people.
zhou xiaochuan already said they can absorb all hot money by rise reserve and invest in foreign country. that would be consider as final answer of rate hike. there is only less than 10% chance to have rate hike.
also they clearly want hot money into stock market. that is another reason why they do not hike.
i rather bet eu have more problems than china hike.
but i am not sure about RMB revaluation.