How Chinese mix of frugality and risk-taking is driving global stock markets wild
- Written by The Conversation Contributor
Facing a sea of red.ReutersPlunging Chinese stocks have been sending worsening ripples across global markets all year, prompting fears of spillovers and recessions.
China’s Shanghai Composite Index lost 8 percent last week alone and is down more than 20 percent since a recent high in December, putting it in bear-market territory. That slide...
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