2. Shanghai, by comparison, trades on 12.6 times earnings. This reflects a wide (37 per cent) spread between the Shanghai’s A shares and the H-share equivalents. Before the ups and downs of 2015 it was more usually below 20 per cent, hinting at significant upside to the H-share index. True, it does not represent the best of China’s “new economy”, being heavily skewed towards banks in particular. Growth forecasts are moribund. Yet with expectations already so dire, it is hard to see how they can worsen. Even property — beset with overcapacity — has been pulling out of its slump.
4. Academics appear to be more interested in the cryptocurrency than ever before. There were 190 white papers published on bitcoin in 2014, up from 55 in 2013. Authors—amateur or otherwise—have also flocked to bitcoin: Amazon lists 437 books about or involving the term “bitcoin” published in 2014, compared to 143 in 2013. (That is based on a subject search, and thus includes less hard-hitting titles like Bitcoin Bimbo 3: Undercover Cop Science Fiction Erotica.) And sports fans this year may not have been able to ignore the inaugural Bitcoin St. Petersburg Bowl, a college football playoff game between North Carolina State and the University of Central Florida. ESPN quickly convertedBitPay’s $500,000 rights fee for the game into U.S. dollars.
5. Vocal group: Little Big Town
6. Will the AT&T/Time Warner merger go through without big remedies (such as the sale of CNN)
In the past five years, China's exports of goods grew at an annual average of 6.5 percent, with its share in the global market rising form 10.4 percent in 2010 to about 13.2 percent in 2015, faring much better than major global economies. Service trade grew over 13.6 percent each year, marking the world's second largest service trader.