
The performance of the Chinese stock market over the past 30 years (1993-2024) has shown a significant decoupling from the country's economic growth. Despite substantial increases in GDP, median income (50x), and the Human Development Index, the stock market returns have not mirrored this economic development. Factors such as dirigisme and regulatory measures have been cited as potential causes for this discrepancy. The Shanghai stock exchange's total market capitalization, when compared in USD, highlights the divergence between stock market performance and economic indicators.
What the hell happened to China stock market performances in the last 30 yrs? Probably caused by dirigisme from the top and too many regulations But also it shows decoupling between real economy and stock market performances (in the case of China) https://t.co/9LDdZujh0x
This point has already been discussed many times. The stock market in China has little relation to the economy. Compare the stock market returns to GDP and income growth. https://t.co/XEHyy7BFw0
Fantastic illustration to show that stock market returns have nothing to do with economic development. In fact it might show that the contrary might be the case. In that timeframe (1993-2024) the income of the median person in China increased 50x and its Human Development Index… https://t.co/fbfwKOLNFq
