China takes action to prevent stock market crash

Global risks in China’s spectacular stock market meltdown

12th July, 2015
China takes action to prevent stock market crash
Chinese stock markets have been plunging lately Bloomberg

It’s a market crisis that could create global turmoil. No, I’m not talking about Greece, but the plunge of China’s main stock markets over the course of the last few weeks that has wiped €2.7 trillion off the value of shares. Having surged more than 150 per cent over the last 18 months, stocks have sunk 30 per cent in the space of a month.

China actively encouraged its rapidly growing middle...

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