A couple of years ago, while I was doing some work at NYU’s Shanghai campus, I got lost on the subway. As a New Yorker, it takes a lot to make me feel like a country mouse, but at triple the population of my hometown, Shanghai does it. Even though the Shanghai subway system is… more
You can sum up what's happened to the Chinese stock market this summer in a few quick figures. If you'd invested in the Shanghai Composite a year ago—August of 2014—when the index was around 2,200 points, your investment would have increased in value by 45 percent through today. If you'd waited until Jan. 1, 2015… more
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