shanghai-based

China Stamps Out "Rat Traders" To Boost Stock Market Confidence …

The utilization of the Chinese market as both policy tool and ‘wealth’ creator – as The Fed has done with the S&P 500 – remains less than the PBOC would like. It appears the Chinese prefer their ‘risk’ in Baccarat and real estate and don’t trust those stock markets shisters… so the government is doing something about it. While American¬†[…]