Bubble Burst in China

China's stock market index was down 4% on Friday.  The Shanghai composite now is close to 3000 milestone.  The index has fallen almost 50% since its peak 6 months ago. The decline has wiped out nearly $2.5 trillion of wealth.
 
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This entry was posted on Saturday, April 19th, 2008 at 11:13 am and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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