Investors piled into Chinese stocks after news broke that China’s GDP surpassed Japan’s for 2010, making the People’s Republic the world’s second largest economy after the U.S. The Shanghai Composite climbed 2.5% and in Hong Kong the Hang Seng gained 1.3%. In Japan the Nikkei 225 Index advanced 1.1%.
Continue reading China Now World’s No. 2 Economy, Shares Surge
China Now World’s No. 2 Economy, Shares Surge originally appeared on DailyFinance on Mon, 14 Feb 2011 06:45:00.