What happened in china stock market today
Commodities and global stock markets followed, with oil prices hitting a six-year low. The views expressed in this article are those of the author alone and not the World Economic Forum. The Guardian - Back to home.
Because China has been such an important driver of global growth, the worries spread beyond Australia.
The FTSEwhere several big miners are listed, has been sensitive to weaker economic news out of China in recent months. The British chancellor, George Osborne, used his budget on Wednesday to highlight the external risks to the British economy, which include China. British banks have also increased their exposure to China in recent years.
The eurozone crisis is a much more pertinent danger. Potentially, the stock market rout in China, with all the political, social and economic risks it entails, could turn out to be a much bigger threat to the global economy than the debt crisis in Greece.
Kathleen Brooks, the research director at the currency experts Forex. Economists have said that even if the stock market has limited impact on the real economy in China, that economy was already slowing. Please choose your username under which you would like all your comments to show up.
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Why is China's stock market in crisis?
The Guardian - Back to home. What is happening in China? Shanghai stock market Shanghai stock market What was behind the dramatic rise in shares?
Chinese stock markets continue to nosedive as regulator warns of panic. China stocks tumble again after premier Li Keqiang fails to mention crisis. CSI approaches carefully 22 Aug - Hong Kong stocks end higher, lifted by bullish corporate earnings 22 Aug - 4: China stocks extend weekly gain as China United surges on shake-up plan 21 Aug - 4: Hong Kong stocks slip as Cathay Pacific rallies on rating upgrades 18 Aug - 9: You may also like.
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What's happening on the Chinese stock market?
8 Jul Stock markets in China are tumbling. A three-week plunge has knocked about 30
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What Happened in the Stock Market Today
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The great fall of China stocks is near. By Ivan Martchev Investment strategist. Shanghai Composite Index China: Volume 0 Open Chinese Yuan Tullett Prebon:
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