"Risks in Chinese Stock Exchange
The Chinese stock market (CSM) has generated a lot of interest in the international investor community. This is hardly surprising given the fact that China is currently the fastest growing economy on earth and consequently receives more direct foreign investment than even the United States.
However this intense interest is tempered by the many serious risks that are associated with the Chinese stock market. Indeed the CSM is widely recognised as the worst performing stock exchange in Asia. Identifying and explaining these risks in the wider context of the Chinese economy and peculiar reform process constitute the core objectives of this study."
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