China and ETFs Scale Back After Stimulus Skepticism Spreads
August 21, 2008 at 15:00 PM EDT
After a big jump yesterday, China’s markets and exchange traded funds (ETFs) are trading lower today. The leap forward came as a result of speculation that Beijing would launch an economic stimulus package, reports Parvathy Ullatil for Reuters. The markets saw their biggest gain in four months. Today, though, skepticism abounded and the previous day’s gains [...]