Tag Archives: China Stamp Bubble

China’s Stamp Bubble

Bubbles everywhere in Asia.   The FT’s beyondbrics blog writes, At an auction in Hong Kong this week, a rare block of four stamps from the Cultural Revolution sold for HK$8,970,000 (US$1.1m) – an all-time record for a Chinese stamp or … Continue reading

Posted in China, Currency, Monetary Policy | Tagged , , | 2 Comments