China syndrome ‘a healthy release of steam’ – UBS economist Robin Clements
"There's no point in over reacting ... Knee jerk reactions are not helpful."
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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