China Drops to a 46-Month Low

The Chinese stock market has been doing terribly lately. Earlier this week, the Shanghai Composite dropped below 2,000 for the first time since early 2009. The Chinese market has actually been doing worse than Greece this year. That’s just sad.

In April 2011, the index was over 3,000. That’s a loss of one-third in a little over a year-and-a-half. Going back to October 2007, the Shanghai Composite was over 6,000. More than five years later, the index is off by more than two-thirds.

Posted by on November 28th, 2012 at 6:58 am


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