Great wave of money

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29 July 2015

 

For all the turmoil going on in China’s stock markets, Aberdeen Asset Management’s Nick Bishop thinks China’s effect on the global asset prices is still yet to be properly felt. Even if Chinese government agencies carry huge debts, household savings are substantial and if the restrictions on capital movements to the rest of the world were eased or lifted Chinese capital flows would “boost real assets around the globe even...

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