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China raise interest rate to counter inflation

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178investors
    13-May-2008 01:00  
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PBOC has been raising rates over the last two years and end to easing is not yet in sight because of persisting inflation. In such a scenario, would recommend owning only companies with clean balance sheets, healthy free cash flows (cash-generators), and abilities to increase market shares and operating profit margins.

If you own such china companies, any severe market dips/corrections are opportunities to scoop up more bargains. Smiley
 
 
cathylmg
    12-May-2008 23:25  
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What will be the impact for such move to China stocks?
 
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