9 years ago
Capital exodus from China reaches $800bn as crisis deepens
China is reverting to credit stimulus after attempts to engineer a stock market boom failed horribly. The day of reckoning is delayed again. By Ambrose Evans-Pritchard.
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http://www.telegraph.co.uk
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Stock Downturn Hits Chinese Investors in the Heart, Not Just the Wallet
Farmers turned village community centers into makeshift trading floors. Young workers quit low-paying jobs to play the market full time. Retirees started investment clubs, counseling one another on stock picks. China fell under the spell of the stock market over the last year... -
Chinese economy concerns wipe $40bn off value of Apple
Fall in share price of world’s biggest company mirrored by slide in stocks in mining and commodity firms to their lowest level since market crash of 2008.
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