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Saturday, July 31, 2010

Why You Should Pay Attention to the Chinese Energy Policy

Back in March 2009, Wall St. hit bottom and the world markets entered one year long rally. The fact is that the Shanghai stock market index bottomed earlier in December 2008 (see plot below). Back then, China started the biggest stimulus package and pushed its GDP growth over 10% in the following year. Most countries worldwide benefited from China's move.



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