China: A great case study for Indian investors

News Snapshot:

On 11 December, 2001 China entered the World Trade Organisation. What followed over the next 20 years was unprecedented at several levels. China became the factory of the world. It got wealthy. Really wealthy. So much so, it started to drive global demand. While a study of China could occupy a whole library, we limit our attention to just one aspect of its post-WTO history–how did all this play out in the Chinese stock markets. And, importantly, what are the lessons that we, as investors in India, can take away. Let’s start with this chart: View Full Image (Source: IMF)...