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The View From China: As its Securities Regulations are Modernized, the Red Dragon’s Profit Potential Will Soar

HONG KONG - The question came to me as I was standing on the floor of the Hong Kong Stock Exchange here. I’d be willing to wager that quite a few investors - both within China and back in the United States - are wondering about this, as well. Here it is: Will China implement a long-rumored capital-gains tax, and risk (another) major sell-off as a result? Only Beijing’s inner circle knows for sure, and that only stokes investor speculation. The uncertainty can lead to rampant, knee-jerk sell-offs each time the scuttlebutt of an “imminent” tax surfaces. And those rumors have been surfacing… SHARETHIS.addEntry({ title: "The View From China: As its Securities Regulations are Modernized, the Red Dragon’s Profit Potential Will Soar", url: "http://jutiagroup.com/2008/05/13/the-view-from-china-as-its-securities-regulations-are-modernized-the-red-dragon%e2%80%99s-profit-potential-will-soar/" });
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