Merrill Sees Flaws in ‘Not-So-Leading’ Chinese Index – BusinessWeek

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Reuters India

Merrill Sees Flaws in 'Not-So-Leading' Chinese Index
BusinessWeek
June 30 (Bloomberg) — Bank of America-Merrill Lynch said it sees flaws in the leading index for China that was revised yesterday, sending stocks tumbling around the world. The Conference Board's index “relies too much on low- quality
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