consider : everywhere bond ylds are now rising fast, everywhere inflation has found freedom, usa needs to hike and prob will WELL BEFORE the election rather than wait, china is in serious trouble.
from bloomberg today : The CSI 300 Index, which tracks yuan-denominated A shares listed on China's two exchanges, declined 55.67, or 1.8 percent, to 3,084.63 at the close, taking its drop this week to 12 percent. The Shanghai Composite Index, which measures the bigger of the country's bourses, lost 2.2 percent to 2,957.53, closing below 3,000 for the first time since March 14, 2007.
The CSI 300 is down 42 percent this year, the largest decline among benchmark indexes from the world's 20 biggest equity markets, as the government limited the amount banks have available to lend. That followed six interest-rate increases last year.
full link : http://www.bloomberg.com/apps/news?pid=20601089&sid=ao3f0lOEUymU&refer=china
