I believe this is China repatriating money to hold up the Yuan. While they like the Yuan falling, it is in fact falling quicker than they wish.
In the beginning of the year people rushed orders to get ahead of sanctions. But now the orders have slowed considerably. These crashes happen from time to time. The country waits until the selling party sells all their stocks. And then the buying starts again. Don’t panic. Buy if you have extra cash.
Anything in particular you or others recommend buying right now?
[I believe this is China repatriating money to hold up the Yuan. While they like the Yuan falling, it is in fact falling quicker than they wish.]
* It’s been almost 30 years since the Japanese bubble began to deflate, but the Japanese stock market has not regained its bubble highs. Whereas the Japanese property market has only recently, as in a few years ago, regained those highs. That’s compared to a US market that has seen property and stock market prices reach new highs decade after decade, albeit with occasional hiccups, such that today’s US asset prices are a minimum of double what they were in the 90’s.