and from 1996-1999 it grew at least 4.3% in each
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professors Robert Shiller and John Campbell conceived
and is generally referred to as The Wealth of Nations.
and could trace the inspiration to China’s
and the other marked the founding of arguably
and the housing market became overheated. Globally
China had to cool the economy and tackle the
the rapid housing price increases in 2010 and 2011
not down) and pumped up a huge stock bubble
and the lagged effects of the tightening measures
Chinese banks and financial institutions have to report
angering investors and hurting shareholder value.
and the subsidiaries reciprocate by owning shares
and actual events or results may differ materially from those reflected or contemplated. This document is
which may vary due to individual factors and circumstances. Company references are provided for