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Published on Jul 16, 2007
Since the beginning of economic reforms two decades ago, the economy in China has produced real growth rates of between 8 percent and 10 percent per year. It is believed that China will continue to experience exceptional growth for decades to come at rates well above those of any other large country in the world. In this talk Professor Burton Malkiel discusses why China will enjoy growth rates of economic activity well above those in the developed world. But economic growth does not necessarily translate into high-security returns. Indeed, returns from investments in Chinese equities have been unattractive for the past decade, and corruption and corporate governance issues, as well as a variety of...