Unfazed, Small Investors Stay in China’s Market – Peter Ford

From The Christian Science Monitor:

Sharp declines in share prices this week appear unlikely to deter the tens of millions of Chinese who buy in.

Standing before a bank of computer terminals as the Chinese stock markets opened for business on Thursday morning, the trader was blasé about the slump in stock prices on local exchanges that had triggered a worldwide sell-off two days earlier.

“Stock markets go up and down. I’ve seen falls before,” she says. “Yesterday, I was buying again; I like steel stocks, and iron-ore mining shares.”[Full Text]

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