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.
LI Hongzhang was a leading statesman and the most powerful government official in the late Qing... The People's Republic of China was established on October 1, 1949. It was the culmination of over two decades of civil and international war. From 1954 to 1959, Mao was the Chairman of the PRC.During this period, Mao was called Chairman Mao or the Great Leader Chairman Mao.The Communist Party assumed control of all media in the country and used it to promote the image of Mao and the Party.uring this period, Mao was called Chairman Mao or the Great Leader Chairman Mao. The Communist Party assumed control of all media in the country and used it to promote the image of Mao and the Party.