Around the world (China, economy)

By Anonymous
Chinese stock exchanges still making huge losses
by Paul Wang
Shanghai losses 3.2%; Shenzhen 4.4; Hong Kong 2.4. Chinese economy "worst nightmare" in 2016. Other Asian markets feel knock on effect.

Hong Kong (AsiaNews) - Asia stock exchanges have opened to a shaky start this week following continuing losses triggered in recent days by the Shanghai and Shenzhen Stock Exchanges. In a statement today, the Haitong Research Institute described China as "everybody’s worst nightmare” in 2016. [full text]


The China Bubble
WALTER RUSSELL MEAD
It’s probably bursting, one way or another. And the world hasn’t figured out what to do about it.
As China’s stock markets sagged through the early days of 2016, there has been no shortage of follow-up stories in the MSM that try to paint the bigger picture—about how China’s slowdown is having knock-on effects around the world. Here at TAI, we have been following the commodity crash story for some time—and not just as a piece of economic news mostly interesting to financial market speculators. This is a political and a geopolitical story as well. [full text]

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