May
01
China Lending Inflates Real Estate, Stocks, Even Egg Futures
By
It isn’t clear whether a jump in egg futures will affect prices at markets, like this one in Beijing.CreditHow Hwee Young/European Pressphoto Agency
HONG KONG — China is pouring hundreds of billions of dollars into its economy in a new effort to support growth. Some of it is going into roads and bridges and other big projects that will keep the economy humming.
And some of it is going into eggs.
China’s latest lending deluge has sent money sloshing into unexpected parts of the economy. That includes a financial market in Dalian where investors can place bets on the future productivity of the country’s hens…
China Lending Inflates Real Estate, Stocks, Even Egg Futures
