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Article: On China's stock market.(China)(Brief article)
- Article from:
- The International Economy
- Article date:
- June 22, 2007
- Author:
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Copyright informationCOPYRIGHT 2007 International Economy Publications, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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"According to The Economist's 'Bubble guide,' China's recent share-price boom is still relatively modest compared with the giants of history. The chart plots the performance of Chinese share prices over the past five years against the three great bubbles of the 20th century: Wall Street in the 1920s, Japan in the 1980s and America's NASDAQ in the 1990s. The NASDAQ composite index saw a gain of more than 500 percent from 1995 to early 2000. Japan's Nikkei 225 jumped by 300 percent from 1984 to 1989. The ...
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