China syndrome ‘a healthy release of steam’ – UBS economist Robin Clements
"There's no point in over reacting ... Knee jerk reactions are not helpful."
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UBS economist Robin Clements says the latest fall on the Chinese sharemarket must be viewed in the context of its extreme over-valuation.
“Corrections like this are a healthy thing. They let off steam.”
It is possible the fall is a staged release by Chinese authorities who eased controls on
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Chris Hutching
Tue, 25 Aug 2015
Tue, 25 Aug 2015
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China syndrome ‘a healthy release of steam’ – UBS economist Robin Clements
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