China is allowing more foreigners to buy in at the top http://www.bloomberg.com/news/2015-...ing-overhaul-of-foreign-investment-rules.html
The Chinese CB is run by people with lots of Wall Street experience, this might indeed signal their desire to bring in dumb money.
Well I think this is good news on a short-term basis. Currency is OK, some structural problems, but trend is up. I ll continue to buy every pullbacks. More money to make than in the US with a strong dollar!
Allow foreigners the great prvilege of investing just in time for their credit bubble to collapse. Li Ka Shing is doing the opposite. Selling China, HK and buying in Europe. http://www.bloomberg.com/news/2015-...-thrill-of-a-well-timed-bet-opening-line.html