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Shanghai Composite Index More Fall to come

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Introduction

Yesterday China Shanghai composite index falls under 2000 points since 2009.

Chinese economic reforms still long way to go, but social issues already show signs of cracks everywhere. Japan economy going to be further debt and Europe still in debt crisis, US consumers demands still in very early stage of recovery. China so called world factory will suffer.

I think Shanghai composite index will fall near 1500 points, if new governments can find solutions to restructure their exporting type of the economy, otherwise will see further fall.

If it happens, then will hurting domestic economy, such like housing, retail consumption and challenge their financial systems.

2013 would be very important year to watch.

This is my own view, please do your own research.

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