China’s Abnormal Stock Market
China's stock market has plunged yet again, and it is likely to fall further. The big question now is whether the recent volatility will spill over into other asset markets and the real economy.
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LONDON – China’s stock market has plunged yet again, this time by 8.5% – the market’s second-largest fall in a single day, and the largest since the global financial crisis. The roller-coaster ride is far from over.