MARKETS Shares in mainland China have gained nearly a third in value since the beginning of the year, making them the world’s best performers so far in 2009 – a sharp reversal of their record in 2008, when Chinese stock indices fell by more than 60 per cent.
Chinese shares have recovered from the lows of October and November much more quickly than their export-oriented Asian neighbours, which have become increasingly correlated to the performance of US stock markets.
