# Professor Jennifer Carpenter examines President Trump's remarks at the G7 summit regarding the US and Chinese economies

1 Faculty News August 26, 2019 ![The New York Times Logo](/sites/default/files/styles/246w/public/assets/images/uat_027320.jpg?itok=W8xBr66g)>

Excerpt from [The New York Times](https://www.nytimes.com/2019/08/26/us/politics/fact-check-trump-g7.html) -- "The market capitalization for both the Shanghai and Shenzhen stock exchanges totaled $8 trillion in November 2017, and declined to about $7.5 trillion in July 2019, according to [Jennifer Carpenter](https://www.stern.nyu.edu/faculty/bio/jennifer-carpenter), a professor of finance at New York University’s Stern School of Business who studies Chinese markets."

[Read more](https://www.nytimes.com/2019/08/26/us/politics/fact-check-trump-g7.html)