Why China's volatile stock markets have little to do with corporate or economic fundamentals, in this video edition of The Business Week
China's stock markets have jumped more than 60% so far this year. But the ride hasn't been smooth, nor is it easily explained by corporate earnings. BusinessWeek's China Bureau Chief Tiff Roberts discusses how Chinese equity prices often move for political and policy reasons, rather than on economic fundamentals.
Plus: signs of a housing recovery, UBS (UBS) tells Swiss banking secrets, cash for clunkers ends, and our look at the economic week ahead.
To go straight to our wrap-up of the week's top business news, click here.
To go straight to our look at the economic week ahead, click here.