Tuesday, February 27, 2007

China makes the world wobble


[ftse 100 over last 2 days]

Oop, there go the stock markets again. Interesting bit:
Traders said it was highly unusual for events in Chinese markets to have a global impact, but saw it as a sign of China’s increasing influence on the global economy.
Will have to watch this one over tomorrow, probably just a re-settling. China knows it can't expand too quickly, contrary to global hopes.

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