China leading other markets?

September 2, 2009

It’s becoming increasingly common to blame Chinese stocks for recent volatility in global markets.

from Changing China:

Can China save the world?

April 19, 2009

 

China has long said that its biggest contribution to a world racked by financial turmoil would be to ensure that its own economy grows strongly, implying that a rising Chinese tide will lift all boats. The latest data show that Beijing has delivered on one part of the bargain; its economy, the toast of the world over the past five years, is once again ahead, far ahead, of the pack.