Although the dependence has risen, the rewards have not . After handilyoutperforming the S P 500 benchmark in 2009-11, the Sinodependency index has sincestruggled to keep pace. So far this year it has risen by 9.6%. That is far better than Chinasown stockmarkets, which have fallen by over 9%. But both have been overshadowed by themuch stronger performance of the conventional S P 500 index, which is up by 18%.Perhaps the 367 S P 500 companies that are not in our index should loudly proclaimtheir Sino-independence.
不过虽然对中国的依赖程度上升,股票回报率却并未相应上升。在2009-11年度轻松高出标准普尔500基准指数后,中国依赖指数便自此难跟上标普500指数的脚步了。今年到目前为止中国依赖指数涨幅为9.6%,表现要比中国的股票市场好得多,中国股市跌幅已超过9%。然而对中国依赖指数和中国股市的股指相对于表现强劲的传统标准普尔500指数来说只能望其项背,标普500指数涨幅为18%。也许另外367家不在中国依赖指数覆盖范围内的标普500企业能骄傲地声称他们是对中国一点都不依赖。
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