You searched for: Content Type Policy Brief Remove constraint Content Type: Policy Brief Publishing Institution American Enterprise Institute for Public Policy Research Remove constraint Publishing Institution: American Enterprise Institute for Public Policy Research Political Geography Russia Remove constraint Political Geography: Russia Publication Year within 10 Years Remove constraint Publication Year: within 10 Years Topic Economics Remove constraint Topic: Economics
- Author: John H. Makin
- Publication Date: 08-2009
- Content Type: Policy Brief
- Institution: American Enterprise Institute for Public Policy Research
- Abstract: China's economic statistics have become the envy of the world. On July 15, China reported a 7.9 percent growth rate for the second quarter of 2009 compared to the same period a year earlier. Meanwhile, China's stock markets are on fire, and its property markets are heating up fast as well. Shanghai's two stock markets are up 75 percent and 95 percent respectively so far this year. The more widely traded Hong Kong Index is up 27 percent, a stellar performance compared to largely flat stock markets in the United States, Europe, and Japan. In even stronger contrast, Russia, which is one of China's emerging-market peers, has seen its economy drop by 10.1 percent during the first half of this year, while its stock market has struggled as well.
- Topic: Economics, Emerging Markets, International Political Economy
- Political Geography: Russia, United States, Japan, China, Europe, Hong Kong