Wednesday, November 30, 2011

Alert- Chinese Markets are down by more than 3%

Chinese markets are down by more than 3 % . Chinese manufacturing data for November is set to be released tomorrow and the last week's data showed that the Industrial activity shrank the most in 32 months.

Markets were expecting policy easing by the Government.But the comments from the Chinese central Banker was not optimistic.This lead to the fall in Chinese Markets.

Market turnover is also unexpectedly higher.