US Fed Fund Rate Vs Shanghai Composite Index
For traders, trading HK and China markets.
Interesting. Did an overlay between US Fed Fund Rate and Shanghai Composite.
Lower interest rate environment provides positive returns on China equities market, at least for the short-medium term.
One explanation would be the economy's debt ratio against its GDP as shared by Reuters in July 2019.
China's debt tops 300% of GDP, now 15% of global total- Reuters