
A Chinese customer looks at stock quote near the end of the trading day in a stock trade floor in Shanghai, China on 26 April, 2004. (Photo by Kevin Lee/Bloomberg News)
Kevin Lee/BLOOMBERG NEWS
A Chinese customer looks at stock quote near the end of the trading day in a stock trade floor in Shanghai, China on 26 April, 2004. (Photo by Kevin Lee/Bloomberg News)
Kevin Lee/BLOOMBERG NEWS
This month China passed another milestone on its long journey toward full-blown capitalism. Vanguard Group announced that it would include renminbi-denominated stocks from mainland China, known as A shares, in its $69 billion Vanguard Emerging Markets Stock Index Fund.