Whether China shares are in a bubble depends on which data bit catches the fancy, but the market has outstripped its fundamentals and is 23 percent overbought, Credit Suisse said. "Margins, profitability and value creation continue declining as productivity growth lags real wage growth and product selling prices are eroded," Credit Suisse said in a note Friday. "Moreover, equity market price momentum has decoupled away from ...
The leaders of Facebook and Apple were in China this past week on separate missions with the same goal: gain better transparency and more access to the Chinese market. Facebook's Mark Zuckerberg was in Beijing for an event at a local university, and Apple's Tim Cook met with Chinese Vice Premier Ma Kai to review security concerns. When Facebook's multi-billion-dollar initial public ...
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