Chinese Stock Markets ‘Shanghai’d’ 3% on Bad Export Data and Bond Default News

  by John Galt March 10, 2014 05:45 ET The news flow from China last night was anything but good: China February exports tumble unexpectedly Mainland stock exchanges drop amid bond default Deflation fears as China inflation drops to 2% If CNBS follows its normal mode of operation, they will begin their US broadcast day this morning by talking up the American economy, interviewing or playing excerpts from Warren Buffett, and using one of the following excuses for the Chinese stock market decline: a) It’s the weather b) It’s the Chinese…

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