The Stock Market, Iron Ore, Bitcoin – Is Silver Next For Chinese Momentum Investors? by John Lee, CFA
The roulette diversion all started in a tumble of 2014, about 2 years after Chairman Xi Jinping came to energy and became a General Secretary of a Communist Party of China.
Xi Jinping had campaigned for revolutionary mercantile reform, including a unconditional anti-corruption drive, slicing additional prolongation capacity, tightening of housing credit, and clamping down on gaming in Macau. Public feedback was primarily positive. However, mostly as a outcome of those policies, Beijing was confronting an increasingly grave mercantile expansion opinion that was a misfortune in some-more than dual decades*. Manufacturing activity in China slowed along with a tellurian economy and a construction zone stagnated.
In late 2014, a light tuber came on – someone in a aloft row ranks suspicion a stock