NEW YORK ( TheStreet) -- Casual observers of Chinese stock markets tend to, naturally, focus on the widely referenced broad indices, the Shanghai Composite and the Shenzhen Composite.And the picture is not pretty. They have been on a steady decline since early May and still show little sign of rebounding. Ironically, the Chinese media and webosphere also tend to narrowly focus on the broad indices, adding to an ever-increasingly gloomy sense of doom.
A Tale of Two Chinas
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