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Opinion: China’s market milestones show its rising global clout and indicate changing attitudes toward foreign capital

3 weeks ago
Sky Canaves
Chinese milestones matter more than other markets because of the country’s size and growing global financial heft," writes Jennifer Hughes. "Its onshore bond markets total $7.5 trillion and are the third largest in the world, while its stock markets are the second largest, worth some $7.3 trillion."
By Sky Canaves
Sky Canaves previously reported for The Wall Street Journal in Beijing and Hong Kong, where she covered media, culture, social issues, and legal affairs, and served as the founding editor and lead writer of the WSJ’s China Real Time site. Prior to becoming a journalist, Sky worked in the China corporate law practice of Baker & McKenzie, and she has also taught journalism and media law at the University of Hong Kong. She speaks Mandarin and has accumulated more than a decade's experience living, studying and working in China.