Emerging Market Guru Mark Mobius Doesn't See The Chinese Stock Market Falling Much Further

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Jun 24, 2013
Mobius thinks the Chinese government is making a good move by raising money market rates as an attempt to slow lending.

He doesn't think that the Chinese market is going to correct much further. He believes the government moves will actually increase the confidence the market has in the country.

Mobius doesn't see Chinese growth going much below 7%.