What is the ratio of China’s stock market cap to gross domestic product (GDP) versus that of the United States?
A. In terms of key economic indicators, China in 1999 had a GDP of US$ 4,515.9 billion, a population of 1250.46 million and a GDP per capita of US$ 3,611 million. In terms of global rankings, this placed China 2 out of 191 in terms of GDP, one out of 191 countries in terms of population, and 91 out of 191 countries in terms of GDP per capita. The ratio of China’s stock market capitalization to GDP rose from less than 1 percent in 1990 to 51 percent in 2000. China GDP during this period rose 173 percent. In comparison, U.S. GDP grew 42 percent over the same period, and U.S. market capitalization to GDP ratio rose from 49 percent in 1990 to 123 percent in 2000. Q.
