Monday, October 31, 2011

Wen Yet Again Reiterates There Will be No Easing of Curbs

China actually seems to grasp that blowing the bubble up more only means a harder landing later.
Hong Kong Stocks Fall as Wen Says China Will Keep Property Curbs
Industrial & Commercial Bank of China Ltd. slumped 1.6 percent after Premier Wen Jiabao said China will “firmly” maintain restrictions on the real-estate market.

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