For Chinese language traders, the grass is nearly at all times greener elsewhere. The nation’s stockmarket chronically underperforms, that means that native punters look to bourses in, say, America or Japan, and devise methods of getting money round China’s capital controls. However this yr is totally different. The Shanghai Composite, an index for China’s home market, hit a ten-year excessive on August twenty fifth. It’s up by 36% for the reason that begin of the yr, forward of each America’s S&P 500 and world indices.
