Why Fed-obsessed US traders are ignoring China’s soaring sharemarket
Back in the emerging market heyday, the sudden frenzy that has pushed Chinese equities to a bull run would be big news on Wall Street.
Yet this time, the sharemarket revival in the world’s second-biggest economy has barely registered with US traders, underlining China’s limited role as an engine for America’s economy and scepticism that Beijing policymakers will be able to fix deep-seated growth woes.
Bloomberg
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