The Shanghai Composite Index is down 39% from its post crash high

Global Macro Monitor observes:

The Shanghai Composite Index is down 39.2 percent from its post crash high while the S&P500 is up 42.3 percent over the same period.   After falling 72.8 percent in a little over a year from its October 2007 peak, the Shanghai is now up a lowly 27 percent from it crash low.  This compares to the S&P500, which fell 57.7 percent from the October 2007 high to the March 2009 low, and has now recovered 112.7% and continues to move higher.