China Securities Journal (via MNI):
- Says the Chinese stock market “is at a historical turning point and that China needs a strong bull market”
- Says a weak stock market doesn’t fit China’s position as the world’s second largest economy and a bull market will create wealth and provide funds for companies
- Says the current market is backed by confidence, not speculation
- Calls for investors to abandon their bad habits of making quick profits to let this bull run be more healthy and last longer
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The China Securities Journal is sponsored by the government’s official Xinhua News Agency.
Strong commentary. Really pumping it.
I’ve posted this before, but … well, posting it again …