Chinese Economy Is Booming, But Stock Markets Haven’t Recovered in 20 Years
The Shanghai Composite closed Friday close to 4,113 factors, nonetheless about 33% under its 2007 peak, whilst China’s nominal output has expanded roughly sevenfold over the identical two-decade stretch. The US benchmark has delivered upward of 600% in whole returns over that interval, exposing a structural hole between China’s actual financial system and the costs…
