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.
Biography Cold War. Biography: Mao Zedong (also called Mao Tse-tung) founded the People's Republic of China and was the primary leader of the country from its establishment in 1949 until his death in 1976. Mao also led the communist revolution in China and fought against the Nationalist Party in the Chinese Civil War.n 1949 Mao Zedong founded the People's Republic of China. Mao was the Chairman of the Communist Party and the absolute leader of China. He was a brutal leader, insuring his power by executing anyone who disagreed with him. He also set up labor camps where millions of people were sent and many died.