The dark side of China’s heavy-handed response to its plunging stock markets

The Chinese stock markets plummeted Monday in the biggest one-day drop since 2007. The Shanghai Composite Index fell 8.5 percent, weighing on Japanese, Hong Kong and U.S. markets. The trend is raising doubts about the effectiveness of Beijing’s recent efforts to prop up the market, as well as the health and direction of the world’s second-largest economy.

The Chinese government has gone to huge lengths to support its volatile stock markets in Shanghai and Shenzhen, which climbed to dizzying heights in mid-June and then shed about a third of their value over the following month.

http://www.washingtonpost.com/blogs/wonkblog/wp/2015/07/27/the-dark-side-of-chinas-heavy-handed-response-to-its-plunging-stock-markets/

THE DARK SIDE OF CHINA’S HEAVY-HANDED RESPONSE TO ITS PLUNGING STOCK MARKETS

The Chinese stock markets plummeted Monday in the biggest one-day drop since 2007. The Shanghai Composite Index fell 8.5 percent, weighing on Japanese, Hong Kong and U.S. markets. The trend is raising doubts about the effectiveness of Beijing’s recent efforts to prop up the market, as well as the health and direction of the world’s second-largest economy.

http://www.infowars.com/the-dark-side-of-chinas-heavy-handed-response-to-its-plunging-stock-markets/