China’s dog of a year

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The Shanghai Composite fell 11.4% this year even as China overtook Japan as the world’s second largest economy. Yet Chinese equities are still in demand internationally, leading to wildly divergent valuations, as James Mackintosh, FT’s investment editor, explains.

Click here or on the image below to view the video.

Source: James Mackintosh, Financial Times, December 22, 2010.

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