THE 2010 ALL CHINA RESEARCH TEAM

摘要

China's eouity markets have beenrnhaving a hard time finding their footing lately. The benchmark Shanghai StockrnExchange composite index, which skyrocketed 80 percent in 2009, tumbled more than 20 percent in the first five months of this year. Economic policies designed to cool off China's booming housing market, including an increase in mortgage rates and down-payment requirements and tighter government restrictions on bank lending have thrown the markets off-kilter.