Techcrunch posted an interesting article on the Chinese market. Looking at these charts and the stats, I'd say things are looking pretty dicey there. Here are some stats that came out of a Morgan Stanley Web 2.0 presentation (it was done by Mary Meeker who is an expert at inflating and possibly deflating bubbles).
- In 2003 the combined market cap of Chinese companies was $5 billion today it's $50 billion.
- Of the 20 most valuable companies in the world as measured by market cap, 41% are Chinese.
Of couse, I've read a lot of discussion on China on BestCashCow. As for me, I sold all of my China Mobile stock a few weeks back.
Comments
Mass Market Tech
October 23, 2007
I couldn't embed the video properly so it will open up your video player. Sorry.
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anonymous
October 23, 2007
how could the entire china market be worth only $50 billion - while 41% of the largest companies by market cap worldwide are chinese.
check your math.
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Mass Market Tech
October 23, 2007
Sorry, the $50 billion is the market cap of Chinese Internet companies. Thanks for calling this out.
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