An under-reported story has been the Shanghai Composite, which hit a three-year low today and...
An under-reported story has been the Shanghai Composite, which hit a three-year low today and whose divergence with the S&P 500 has reached "stunning" proportions. Hopes turn to government stimulus as evidence of decelerating growth has mounted, but this weekend's report of rising property prices gives Chinese policymakers less flexibility to ease.
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