What Is Wrong With Chinese Stock Market? Down Over 8%, China's Biggest Fall Since 2007
- 9 years ago
Yesterday the Chinese market suffered its biggest fall since 2007, with over 1,500 stocks hitting the lower circuit. Investors doubt the quality of China’s 6% growth as the actual growth seen is 2.5% lower than projected. It's also the fear of a government clampdown on blue chips and the growing debt levels which is spooking investor sentiment. ET NOW’s Tanvir Gill explains what is wrong with China in much detail, listen in.