Japan has pipped China as the world’s number two stock market, according to a Bloomberg report. At one of the time, the Chinese market was worth $6.09 trillion next to Japan’s $6.17 trillion.
Both markets are ranked after the US which is the world’s largest at just over $31 trillion. China lost to Japan after Chinese stocks and currency fell this year amid a trade spat with the US.
Source- Business Today
Static/Current Takeaways Important for Indian Bank PO Exam 2018-
- Japan Capital- Tokyo, Currency- Japanese yen, PM- Shinzo Abe.