11/7/58

Across the pacific...madness day





Hong Kong (CNN)It's been a tumultuous three weeks for China's stock market -- $3 trillion wiped off the value of shares, stocks down 30% in those three weeks, wild swings, panic.
CNN's Andrew Stevens
Why did it happen, and how might it affect the world?
We invited you to pose questions like these on Facebookto our Asia Pacific Editor Andrew Stevens, who has been reporting on this story closely.
Here's what you wanted to know.

http://edition.cnn.com/2015/07/10/china/china-stock-market-andrew-stevens-facebook/index.html?sr=cnnifb

How is China reacting?

While the stock market crash hasn't been good news for China's economy, it hardly means the economy's finished.
Has China's economic bubble burst?
Has China's economic bubble burst? 01:57
PLAY VIDEO
One reason being the Chinese government is determined to make sure the slump won't get any worse.
"Remember, this is still an economy that can be controlled by Beijing and they have an awful lot of financial firepower if they need it," says Stevens.
And since stocks only make up a small fraction of Chinese households' wealth, the crisis is "pretty much still confined to the stock market in China with no real spillover to the bro

ไม่มีความคิดเห็น:

แสดงความคิดเห็น

หมายเหตุ: มีเพียงสมาชิกของบล็อกนี้เท่านั้นที่สามารถแสดงความคิดเห็น

บทความที่ได้รับความนิยม