Economics
China Dethroned by Japan as World's Second-Biggest Stock Market
- Nation surrenders No. 2 ranking taken from Japan in late 2014
- Shanghai stock gauge one of world’s worst performers this year
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China just lost its ranking as the world’s number two stock market.
After a Thursday slump, Chinese equities were worth $6.09 trillion, according to data compiled by Bloomberg. That compares with $6.17 trillion in Japan. The U.S. has the world’s largest stock market at just over $31 trillion.