The hidden danger of China’s stock market bubble

In the year since June 2014, around 23 trillion yuan ($3.7 trillion) suddenly appeared in the Chinese stock markets. And then, even more quickly than they gushed in, trillions of those yuan simply evaporated.

But where did those trillions of yuan come from? Not from corporate earnings; sagging sales have crushed profit growth of late. And not from wealth shifted from property sales or bank deposits; both are rising. And not from foreign inflows either.

A good chunk of it, as J Capital...

What feeling does this article give you?
Joy
Disgust
Fear
Anger
Sadness

#hashtags to follow:

June 2014 [+]   

More #news:

Loading...