Record stock market falls in 2008
2008 - MAJOR MARKET FALLS
New York - down 33.84%
London - down 31.3%
Paris - down 42.7%
Frankfurt - down 40.4%
Mumbai - down 51.9%
Singapore - down 49.2%
Sydney - down 41.3%
Hong Kong - down 48.3%
Shanghai - down 65.2%
Tokyo - down 42.1%
last year (2008) the most terrible market(?) is Shanghai.
Shanghai, one of the developed cities in PRC, faces the hardest condition since the PRC "opened".
Ma's gov try his best to 'ask' ROC's industries to save his motherland. (question: which country is his real motherland? one with greencard but regarded himself as Chinese.)
what would be the future ROC's citizens have to face in 2009?
dyc
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