China’s markets are shaking off their casino reputation | The Economist

China's markets are shaking off their casino reputation

Can foreign firms actually win?

IN A WORLD where internet memes can explain market swings, China is second to none. Early in March, with mainland equities down by 15% in two weeks-their steepest fall in years-a video circulated on Weibo, a microblogging site, of a sheep stuck in a fence on a hill and a hiker climbing up to free it.

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