China’s markets have roared back but Russia is the elephant in the room - Sydney Morning Herald

China’s financial markets were imploding last week until Xi Jinping’s most senior economic adviser soothed them. Whether the calm lasts is another question.

Lius comments suggest that the monetary policy stimulus is imminent, along with efforts to address some of the more specific concerns of investors. His references to property and the controversial p… [+4532 chars]

full article...