The Traderszone Network

Published in TZ Latest News 22 September, 2014 by The TZ Newswire Staff

Chinese Stocks Slide As Stimulus Hopes Dim

Sometimes no news is good news, but comments from Chinese Finance Minister Lou Jiwei hinting at a lack of additional stimulus measures wreaked havoc on Chinese stock market indexes and Chinese ADRs. At a meeting with other G-20 finance ministers and central bankers, Jiwei on Sunday said the Chinese government will not significantly change its economic policy because of a single economic indicator.

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