economy - Mutual funds are humming again

After a short suspension of two months, China's financial authorities have resumed permitting new mutual funds to launch again, state media report. This and other signals by the central government created a short spell of insecurity after a financial ly successful 2006. Earlier this month even the stock exchanges dropped for a few days, triggering off some speculations we were looking at a bursting bubble.
I found the signals by the central government never convincing enough to justify those suggestions of a prolonged downfall.