Chinese Market Bubble Burst

Chinese Authorities: Stock Market Bubble Has “Burst”, Economy To Face Tough Conditions Over Next Decade

China’s stock market bubble has “burst” and its economy is likely to face “tough conditions” over the next decade, Chinese authorities were reported to say during the Group of 20 nations (G20) meeting in the Turkish capital of Ankara over the weekend, the Nikkei Asian Review reports. Zhou Xiaochuan, the Governor of China’s Central Bank, the People’s Bank … Continue reading →