BUSINESS & ECONOMY
China's stock market meltdown
Andrew Kenningham, a senior global economist at Capital Economics, discusses China's stock market crash.
12 Jul 2015 18:41 GMT | Business & Economy, Asia, China
China could be heading towards the biggest financial disaster since the 1929 Wall Street crash after shares on its stock markets nosedived, dropping by around 30 percent in less than a month.
Every individual investor has to take responsibility for their own actions and a lot of people perhaps got their fingers burnt who would have otherwise been wiser to not get involved.
Andrew Kenningham, Senior global economist
More than $3.2 trillion has been wiped out in three weeks - an amount more than 10 times the size of the entire Greek economy.
The Chinese government has been scrambling to avert a crisis and has issued an emergency response to keep the flagging economy going.
Andrew Kenningham, a senior global economist at Capital Economics, told Counting the Cost that unlike Greece, which has dominated headlines this week, China was not facing a debt crisis but was dealing with a major stock market bubble and correction.
Source: Al Jazeera
***
Chân thành cám ơn Quý Anh Chị ghé thăm "conbenho Nguyễn Hoài Trang Blog".
Xin được lắng nghe ý kiến chia sẻ của Quý Anh Chị trực tiếp tại Diễn Đàn Paltalk: 1Latdo Tapdoan Vietgian CSVN Phanquoc Bannuoc .
Kính chúc Sức Khỏe Quý Anh Chị .
conbenho
Tiểu Muội quantu
Nguyễn Hoài Trang
13072015
___________
Cộng sản Việt Nam là TỘI ÁC
Bao che, dung dưỡng TỘI ÁC là ĐỒNG LÕA với TỘI ÁC
No comments:
Post a Comment