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This isn't that big of a deal. The Chinese stock market is tiny compared to its economy[0], something us westerners have a hard time understanding. The Chinese
by djb_hackernews 11y ago
This isn't that big of a deal. The Chinese stock market is tiny compared to its economy[0], something us westerners have a hard time understanding. The Chinese government is really just experimenting with all of their interventions, this really has no bearing on the health of the Chinese economy or world economy and is really only bad news for people that heavily invested in the last few months.
[0] http://static.businessinsider.com/image/55800e76ecad047824bc01a8/image.jpg http://static.businessinsider.com/image/55800e76ecad047824bc...