(Reuters) - MADRID, May 23 - Former U.S. Federal Reserve
Chairman Alan Greenspan said on Wednesday he feared a "dramatic
contraction" in Chinese stocks but said the global economy may
be able to shrug off a drop in asset prices.
Addressing a meeting in Madrid via teleconference, Greenspan
said the recent boom in Chinese stocks could not last.
Read more at Reuters.com Economic News
Chairman Alan Greenspan said on Wednesday he feared a "dramatic
contraction" in Chinese stocks but said the global economy may
be able to shrug off a drop in asset prices.
Addressing a meeting in Madrid via teleconference, Greenspan
said the recent boom in Chinese stocks could not last.
Read more at Reuters.com Economic News
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