Why Chinese people do not invest in the Stock Market

[@ImAMassiveBender]

The 13% number needs a bit of context, the Chinese stock market did really well 10 years ago in the Obama era, it hasn't done as well definitely since COVID; the flip side is that the US stock market has outperformed the global average and the US economy, for the past couple of years the US one has been so inflated by AI sentiment and dubiously positive economic data that the market has accepted; so I think the US one is relatively overvalued too and a correction that would bring it in line with other developed markets and genuine high growth emerging markets (which US has also outperformed for the past decade) would hit 60% of the population.