China moves …
China is about to allow Chinese domestic institutions to buy shares (after Hongkong) in London and New York as well …
A good move as it will diversify their retirement savings and at the same time makes the Yuan more tradeable and opens up the capital market … only Problem … it is a stream of money which will flow into the wrong direction … Let’s see, how long it takes until they liberate it completely 
Look at Hongkongs performance since it was announced … not too bad …
Tags: China
