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The Shanghai index was the world’s worst performer last month and may fall another 25 per cent as China’s economic recovery isn’t sustainable, former Morgan Stanley Asian economist Andy Xie says.The market is in deep bubble territory,” said Xie, who correctly predicted in April 2007 that China’s equities would tumble. http://www.nzherald.co.nz/business/news/article.cfm?c_id=3&objectid=10594621 DD Share this Post [?]
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