A good read on Chinese equity markets:
http://www.bloomberg.com/news/articles/2015-11-25/in-land-of-3-500-stock-returns-crashes-are-quickly-forgottenBloomberg reports:
“Twenty-five years to the day after the founding of the Shanghai Stock Exchange, the bourse’s benchmark index has delivered a 3,548 percent gain, excluding dividends. That compares with 348 percent for the MSCI Emerging Markets Index and 533 percent for the Standard & Poor’s 500 Index over the same period.”