How to make sense of China's plummeting stock market
Numbers suggest collapse is an inevitable correction in a bourse that featured many of the classic signs of a bubble
Wed, Jul 08, 2015 - 5:50 AM
Stock investing has become a middle-class pastime in China in recent years, and it's clear the government is nervous about a continued market rout wiping out its citizens' wealth and stoking discord.
WHILE the eyes of the world have been on the crisis in Greece, China, a country with 123 times the population, has faced financial troubles of its own. A free fall in the Chinese stock market could threaten the prosperity of the world's second-largest economy and have long-term...