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's Great Leap Forward 'killed 45 million in four years'. Click to follow. The Independent Culture. Mao Zedong, founder of the People's Republic of China, qualifies as the greatest mass murderer in world history, an expert who had unprecedented access to official Communist Party archives said yesterday.