China has passed the position of the trade war


Photo: China Photos / Getty Images

Total market value of all companies listed on the Japanese stock market, following the results of session on 2 August made up 6.17 trillion, according to Bloomberg. This allowed them to circumvent the Chinese company, which of 6.09 trillion, and take second place in the world after the United States.

The Chinese index Shanghai Composite and the Shenzhen Composite at auction on Thursday, lost two and 2.4 percent, respectively. It happened against the background of statements of the US authorities about a possible increase in duties on Chinese goods for a total volume of $ 200 billion — 25 percent instead of the originally planned ten.

It clarifies the Agency, taken into account only the market capitalization of the stock exchanges of mainland China, excluding Hong Kong stock exchange. Traded her shares on Thursday worth USD 5.1 trillion.

The Japanese Nikkei 225 index also fell, but by only one percent, which allowed him to overtake the nearest competitor.

The loss of second place in the global ranking serves as a reminder that the role of China in global stock markets remains low and does not match the economic power of the country, the newspaper writes. The authorities promised to let foreign investors in many sectors and increasing their maximum share of possession, but this does not give result.

In addition, the adoption of international settlements in yuan too, is not exactly as planned by Beijing. In June the share of the yuan in global transactions fell from 1.88 to 1.81 percent.

Leader in the capitalization remains the US stock market. The total value traded on U.S. exchanges stock more than 31 trillion dollars. Trillion of them are in the Apple, repeated 2 August 2007 record of PetroChina.

Video, photo All from Russia.


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