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Recent Intervention Helping the Shanghai Composite

Thank you David for your reply. I am a big Fan of Soros; so I firmly believe Free Mraket without government intervention(or you call it regulation) will lead to total collapse. Having said that; I also think government measures should be more flexible and come as many forms.

One interesting indication in China now is that PBOC has stopped hiking rates instead raised the Bank reserve and exchange rate against USD; this shows people at the top are becoming more pragmatic and open minded.

Recent Intervention Helping the Shanghai Composite

David, seriously What would you call what Fed Ben did last 4 months ? Free market adjustment instead of panic intervention?

Come on guys; Why everything Chinese government did is always considered second rated?

What a pity you guys do not have the guts and insight to see this on going Credit crisis is the the direct result of your governemnt's policies during the last 15 years!!!