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China’s stock market crash: the end of a myth

Godement, François, (2015), “China’s stock market crash: the end of a myth”, European Council on Foreing Relations, 25 Αυγούστου

To any student of geo-economics, the current gyrations of China’s and the world’s stock markets are fascinating.  The Shanghai exchange is notoriously volatile: two years ago it was thoroughly depressed when the Chinese economy seemed to be booming, while over the past year it has been boiling as China’s economy slowed down. It is notoriously riddled with insider trading, and very poorly — if at all — connected to international markets (the bridge to the Hong Kong stock market is a recent development).

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