John Authers, Columnist

Are China's Stocks Outperforming? It’s Complicated

The nation’s equities have consistently underperformed despite a world-beating economy. Also, emerging markets grow up and hundred-dollar bills.

February 28, 2019 at 5:01 AM UTC

By John Authers

John Authers is a senior editor for markets and Bloomberg Opinion columnist. A former chief markets commentator at the Financial Times, he is author of “The Fearful Rise of Markets.”

Various indexes show differing performance numbers for Chinese stocks.
Photographer: VCG/Getty Images AsiaPac

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China’s economy has grown like no other since its stock markets were re-opened in the early 1990s. But how can we judge their performance or the performance of other emerging markets?