As Chinese shares fall, the real fear is that the economy itself is grinding to a halt
Disastrous losses on the Shanghai exchange are leading to concern that the era of runaway Chinese growth is faltering at a critical time in the world economy
By News on the Net The Guardian—— Bio and Archives--August 3, 2015
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Recent events in Shanghai’s stock markets have been all too reminiscent of the tales that have entered American folk memory from the days of the Wall Street crash in 1929: of stock-tipping shoeshine boys, exhausted traders, and ticker-tape machines spooling late into the night.
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