China Is Trying to Re-anchor Market Expectations
China Is Trying to Re-anchor Market Expectations
Chinese stocks in Hong Kong fell to their lowest level in two months on speculation the central government will refrain from adding stimulus even as the economy slows. Zhou Hao, Director/Senior Emerging Markets Economist, Commerzbank AG, told Bloomberg's First Word Asia that Chinese leaders are trying to re-anchor market expectations.
May 11, 2016