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http://seekingalpha.com/article/230972-china-s-interest-rate-hike-how-w…
Check that out. Great explanation and proposes a great viewpoint
The world is relying on China to drive growth. Chinese growth was at 9.6% (annualized) today, and this is the lowest it has been for some time. If interest rates go up in China to control inflation, growth will also slow. This means less industrial production, less commodity usage, less trade...
China, on the margin, is contributing a large part to world growth right now. The danger is if the economy slows down, exports will fall, the shippers and baltic dryship index will be crushed, etc.
Please visit www.leverageacademy.com/blog
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