Buy the state,
sell the capitalist - that s how global investors are trying to
play China s latest anti-graft crackdowns as they see private
enterprise increasingly sidelined in Beijing s quest for.
For all the
excitement whipped up in China s markets by the Politburo last
week, foreign investors say policymakers words will have to be
matched by substantive action to clean up an ailing.
As China's yuan climbs rapidly to its strongest levels in six years against the currencies of the country's trading partners, a notable absence of concern and intervention by the authorities is unnerving investors.
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