Buy In or Buyer Beware?
Here is a paradox: America's economy founders and its markets take off, while China's economy booms and its markets fizzle.
Chinese official GDP resumed its high-growth trajectory after the 2008 stimulus, hitting 9.2 percent, 10.4 percent, and 9.2 percent in 2009, 2010 and 2011. But stack S&P 500 performance against that of China's stock indices – especially the onshore ones (Shanghai A and Shenzhen A) – and the picture changes dramatically.
- WeChat 'Glitch' Allows Family to Raise over 2 Million Yuan in 80 Minutes
- China's VAT Rebate Reform Aims to Boost Local Government Fiscal Strength
- Share Splits Raise Stock Market Suspicions
- China Faces Severe Coal Transport Capacity Shortage
- Audi Scraps Plans for New China Dealer Network
- Regions Found to Have 'Critical' Heavy Metal Emissions Now Clean Up Act
- Official PMI Spikes as Producer Prices Rise, Exports Surge
- China Adds 10% Consumption Tax for Superluxury Cars
- News Calendar, December 5-11
- Caixin's Manufacturing Indicator Dips to 50.9 in November
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