Friday’s Hong Kong headlines were ablaze with the news that the People’s Bank of China, China’s central bank, had raised the banks' reserve requirements by a sweltering 0.5%. What should the investor make of this? Sell - or buy? We just have updated The Economic Clock™ http://www.enziosclock.com/money/thoughts/2007/09/06_0 for China, complete with secto…
China has raised its reserve requirements. So what?
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