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Rallying Shanghai takes a breather from its big rally, falling 1.6% with word Beijing may impose...

Rallying Shanghai takes a breather from its big rally, falling 1.6% with word Beijing may impose more property curbs a nice excuse to take profits. A property stock sub-index (TAO) fell 4.6%. Anhui Conch tumbled 7.6% and Huaxin Cement 7.2% after the government forecast cement output growth of just 5% this year. FXI -2.1% premarket.
Comments (2)
  • Cotton at nine month high,BAL. It is an ETN that you trade future contracts. Looked at it at 48. Picked up more CAF instead.
    19 Feb 2013, 07:22 PM Reply Like
  • CNN Money; "The U.S. 4.4 billion surplus with China". A few years ago tour groups were forbidden from traveling to the U.S. Then in 2007 we had a reversed memorandum. In 2011 more than 1 million came to the U.S.. That is up 493,000 from 2008. The commerce department expects a 259% rise between 2011 and 2017. In 2006 we had a 687 million deficit. Yes we have the"comment....group." problem. We knew about this for some time, but everything was put on the back burner because our elected officials had elections, vacations etc. You can read the reports through HAL. They knew about this. Speaking of deficits," Ven/Chavez is running a deficit of about 3.9% to GDP. That alliance, cutback I guess didn't work out so well, now the have to pump and dump". There is a strong push in the service sector. It looks like China will limit pollution in certain areas. they have to. The medical costs down the road, with a population of that magnitude would be staggering. China took its rail plans of the table because of the accidents. Watch Chinas rail sector. It will help in both areas. If we put the opening topic and then add sequester to it, you might come up with some ideas on how our government can help and not hinder. This can be done by letting the private sector take the lead. Next,oil and ag cutbacks.
    20 Feb 2013, 06:07 AM Reply Like
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