China's shares to exceed U.S. in three years

Bloomberg has an interesting article citing a fund manager with Templeton on China's stock market will exceed U.S. in three years. Beyond the size, I am more interested on opening access for global investors as well as foreign companies who want to list in China. Size is important, as well as globalization.

July 17 (Bloomberg) -- China’s stock market may surpass the U.S. as the world’s largest by value in three years as state- owned companies sell new shares and the nation’s 1.4 billion people put more of their money into equities, Mark Mobius said.

“The Chinese population is just dipping its toe into equities and they’ve got a long way to go,” Mobius, who oversees about $25 billion of emerging-market assets as executive chairman of Templeton Asset Management Ltd., said in an interview with Bloomberg Television in London. State-owned companies are “coming up with more huge” initial public offerings, he said.