It is often forgotten that China had the third largest stock market in the world back in the 1930s. For much of the intervening period the country with a quarter of the world's population was out in the commercial and political wilderness but it had, pre-Sars, been coming back with a vengeance.
A member of the World Trade Organisation, China has overtaken South Korea as the most favoured market for inward investment across Asia-Pacific, according to a new survey by accountant Pricewaterhouse Coopers.
