Market Talk
Jittery China sends world markets into turmoil
The New Year started with a bang. And it wasn’t fireworks
No sooner were the celebrations over than trading in China brought everyone back to reality with a staggering 7 per cent slump.
The market in China has been propped up by extraordinary measures by the communist leadership since last summer to prevent such declines, including banning the outright selling of some stocks.
Such was the ferocity of dumping that a temporary halt ...