| Monday, May 21, 2007 |
| China's Stock Market Officials Seek To Temper Speculation Without Stifling Economic Growth |
| China's main stock index fell over 3% percent at the opening on Monday following monetary tightening by China's central bank. The monetary moves are the latest actions taken to cool the red hot Chinese markets. Banking authorities are walking a line between tempering market speculation while preventing an overall market crash. The Shanghai Composite Index set a new record high last week at 4,081.426 and is currently up over 50% for the year. |
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