China Reverses Course On Whether It Wants Stocks To Be Up Or Down

Remember last year, when Chinese officials were worried about their overheating market? Apparently they've decided that overcooling is now the biggest danger. The Shanghai market has soared on news that the government there has reduced a per-transaction tax on trading stock. Cutting taxes on stock trading is probably a smart idea, but blatantly basing policy on whether you want stocks to be up or down, sounds like a recipe for disaster (note: US regulators might want to consider that same lesson).

Comments

[daddysteve]

This seems like it will help brokers regardless of whether the market goes up or down. I guess less taxes would help the market in general.

[daddysteve]

This seems like it will help brokers regardless of whether the market goes up or down. I guess less taxes would help the market in general.

[daddysteve]

This seems like it will help brokers regardless of whether the market goes up or down. I guess less taxes would help the market in general.

[Mark]

Taxes lower is good if credible and permanent, but the problem though is that they would just as easily increase taxes one day in the future if it was deemed investors were making too much money.

Its classic old-line communist control thinking, and actually though they feel they are now supporting the market, they are still effectively talking it down in the long term since the market's credibility is just getting shot with each manipulative action. My bet- it will only get worse. Wait til more people start questioning the accounting statements of many state owned enterprises recently listed.

The chinese markets (Both Shanghai & Hong Kong) are much more immature than they are treated, more so than many other developing countries which get less respect.

I think we'e getting a nice realization these days that despite all the talk of opening up, China is still one of the more authoritarian, secretive places in the world and tthis is plainly not good for markets long term.

[buy viagra]

Its classic old-line communist control thinking, and actually though they feel they are now supporting the market, they are still effectively talking it down in the long term since the market's credibility is just getting shot with each manipulative action. My bet- it will only get worse. Wait til more people start questioning the accounting statements of many state owned enterprises recently listed.

[generic cialis]

The chinese markets (Both Shanghai & Hong Kong) are much more immature than they are treated, more so than many other developing countries which get less respect.

[viagra online]

That's cool, and that also means search engines can crawl the video! Sounds like a clever marriage of accessibility with SEO. That doesn't necessarily make a business case for CC-ing every video that a company puts out, but it's a little bonus.

[phentermine]

China worried about many things.

[replica watches]

Its classic old-line communist control thinking, and actually though they feel they are now supporting the market, they are still effectively talking it down in the long term since the market's credibility is just getting shot with each manipulative action. My bet- it will only get worse

[Retro Jordan]

I was reading your course titles and thought how ironic your interest in you said,and I have some ideas about it,and then you link my name ,I will tell you the detail.Thanks a lot for the wonderful information.I will follow you the posts you write in the future.

[Retro Jordan]

Your posts effect my the first idea,that is so cool you said,I adore them.hope your life will be better.and write better posts foy us.and the life should be shared,so now link my name to know what I do,thanks.

[ugg store]

There is no resting place for an enterprise in a competitive economy.

[air jordans]

Pigs are friends of human beings

[Louis Vuitton Handbags]

Oi pessoal, hoje bem cedo estava bisbilhotando, a internet em busca de algo novo para mostrar a vocês. E enfim eu achei, uma coleção inteira de esmaltes Colorama, a coleção leva a denominação de Fashion. Não é por outro motivo que leva esse nome, o esmalte é realmente muito fashion. E o melhor de tudo é que ele é mesmo barato. Eu ainda não testei, não cheguei a ir em busca dele, mais sábado estarei na luta atrás de dessa bela coleção!
A coleção possui, sete cores lindas, e elas são: Clássico; Jeans; Militar; Rock; Clubber; Hippie Chic e o Tapete Vermelho.

[lacoste observe]

A coleção possui, sete cores lindas, e elas são: Clássico; Jeans; Militar; Rock; Clubber; Hippie Chic e o Tapete Vermelho.

[radii supras]

well this blog is great i love reading your articles.

[Dress Shoes]

Its classic old-line communist control thinking, and actually though they feel they are now supporting the market, they are still effectively talking it down in the long term since the market's credibility is just getting shot with each manipulative action. My bet- it will only get worse. Wait til more people start questioning the accounting statements of many state owned enterprises recently listed.

[dr dre studio black]

I guess I am not the only one having all the enjoyment here!

[Innogeissueds]

bvgsg chicago blackhawks jersey gyfsl http://labaarad32.skyrock.com/3053455269-Browsing-For-Cheap-Pittsburgh-Steelers-Jerseys-For-Followers.html

[sydaymugs]

hE7 uggs on sale sM3 http://ilivehiphop.com/profiles/blogs/uggs-check-your-legality

[Excaraunreale]

HCJZBRWFZH chanel bag FMATUVEGDK http://defchonko.ru/user/ufwuxkq/ XIUIMCZLWG chanel purses outlet LOLHEBDEZI http://iimiitjobs.com/forum3/index.php?action=profile;u=39204 GERQDMGKKN louis vuitton outlet online UCOSAMPGCQ http://kukuruzov.ru/user/ajougfn/ UHZUYJFRBZ louis vuitton handbags NLWINPJVSG http://potomacclassifieds.com/community/index.php?action=profile;u=120769 NIEHQHCYFX cheap louis vuitton bags GJNBBJDRCJ http://smktunaspelita.poweredbyclear.com/forum/index.php?action=profile;u=13288