Over the last decade, China has been viewed as the world’s economic growth engine. And rightly so if you believe the country’s economic statistics. Nominal GDP has more than tripled over the last ten years. How have Chinese stock investors fared over this period? Not so well. Chinese shares have gone almost nowhere since year-end 2006 (12/31/2006 = 100 on chart). Growth ≠ Returns.
Jeremy Jones, CFA
Latest posts by Jeremy Jones, CFA (see all)
- Yellen Still Can’t Understand What the BIS has Known for Years About Inflation - September 22, 2017
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