Blink and you will have missed it. The change in sentiment towards China over the past few weeks has been quite startling. China long an obsession with all international financiers and business people is particularly prone to the the vagaries of greed and fear that govern international capital markets. In the first half of the year, fear ruled. But now optimism and greed are firmly back in.
The agreement signed between China and its bilateral trading partners to enable China to join the World Trade Organization WTO was the main catalyst for the change in sentiment. Other significant announcements include
- the potential eradication of the A and B share model ...
