Hedging is the practice of taking a position in one market to offset and balance against the risk adopted by assuming a position in a contrary or opposing market or investment. The word hedge is from Old English hecg, originally any fence, living or artificial.
BEIJING -- Every morning, as many as 20,000 people flock to Tiananmen Square to join the vast queues of pilgrims, often stretching a kilometre long, at the entrance to the tomb of Mao Zedong. They stand for an hour or more, in blazing sun or winter cold, waiting patiently to pay their respects to the Great Helmsman. They place flowers at the foot of a Mao statue. They gaze reverentially at the chairman's crystal coffin, often bowing to the waxy corpse inside.
Mao Zedong was born in 1893 and he died in 19 76. Mao Zedong is considered to be the father of Communist China and along side Sun Yat-sen and Chiang Kai-shek played a fundamental part in Chinaâsrecent history. Mao. Mao was born in Chaochan in Hunan province.