China | China’s stockmarkets
Like it’s 1999
Why does the world’s most dynamic economy have such a moribund stockmarket?
|HONG KONG
CHINA’S stockmarkets sit in what is still one of the world’s fastest-growing economies. In the past year they have also fallen under the wing of one of China’s more vigorous policymakers: Guo Shuqing, who was appointed head of the China Securities Regulatory Commission (CSRC) in October last year. Yet since his arrival the markets have fallen by more than 14%.
This article appeared in the China section of the print edition under the headline "Like it’s 1999"
China October 13th 2012
From the October 13th 2012 edition
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