July 11, 2015

China’s Stock Crash Poised to Flip Over Global Finance

As mainland China’s financial situation worsens, the overall economic turmoil is threatening to flip over the fragile growth in nations most exposed to the Chinese risk, with the rest to follow into a global meltdown, far exceeding in scale the Great Depression.

Kristian Rouz — The dramatic decline in mainland China's bourses, which began on June 12 and received only limited episodes of government-backed relief, has had significant spillovers for the overseas markets, in both advanced and developing nations. Read more.


China stock market crash: 'Not a catastrophe, but rather very serious problem' (video) - RT

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