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Uncle Xi's bear market.

Source :
Economist. 7/11/2015, Vol. 416 Issue 8946, p63-65. 3p.
Publication Year :
2015

Abstract

The article focuses on significant declines in China's stock market in June and July of 2015 and its impact on China's economy. It states that the Chinese government has reduced interest rates, capped short-selling, and produced share-buying schemes backed by money from the central bank. It mentions that the value of freely floating shares is around a third of China's gross domestic product and accounts for only 15 percent of household assets. It talks about economic conditions in China.

Details

Language :
English
ISSN :
00130613
Volume :
416
Issue :
8946
Database :
Academic Search Index
Journal :
Economist
Publication Type :
Periodical
Accession number :
108315901