He who exercises government by means of his virtue may be compared to the north polar star, which keeps its place and all the stars turn towards it.
China knows best ! And so did LKY when he made us all learn the Chinese language !
I cannot resist the quote before I run out to catch a final glimpse of the funeral cortege that will be passing through.
Stocks closing the quarter at their highest since the crisis with PBOC adding liquidity into the month end, I think we can forget about HSBC’s March PMI numbers and wait for the official numbers next week on April Fool’s day.
Rates have edged higher but I have a feeling it will be under control as President Xi assures that the economy is resilient and nations give face to China’s AIIB.
Leaving with the indicative prices.
