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China's flood of cash even roils egg futures

Unusual jump shows tendency to experience investment bubbles when govt steps up spending and lending

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Egg futures have surged by as much as one-third since March, the sort of move that would be justified if investors believed China's chicken flocks were headed for an unfortunate fate. But the market's usual participants say the flocks are fine.
BT_20160503_CPEGG3CBYD_2256920.jpg
Egg futures have surged by as much as one-third since March, the sort of move that would be justified if investors believed China's chicken flocks were headed for an unfortunate fate. But the market's usual participants say the flocks are fine.

Hong Kong

CHINA is pouring hundreds of billions of dollars into its economy in a new effort to support growth. Some of it is going into roads and bridges and other big projects that will keep the economy humming.

And some of it is going into eggs.

China's latest lending