Japan replaced China and became world’s second largest stock market

Every since 2014, nobody could take China’s position at the 2nd number. But due to threats of a trade war with the US and slowing economic growth Japan has taken its place this time and became the 2nd. According to the figures, Chinese equities were at $6.09 trillion whereas Japan’s stocks were worth $6.17 trillion and the US topping the list with $31 trillion stocks. But China will surely regain its place, says Linus Yip.