The Conversation

How Chinese mix of frugality and risk-taking is driving global stock markets wild

Author: The Conversation USA

Facing a sea of red.Reuters

Plunging Chinese stocks have been sending worsening ripples across global markets all year, prompting fears of spillovers and recessions.

China’s Shanghai Composite Index lost 8 percent last week alone and is down more than 20 percent since a recent high in December, putting it in bear-market territory. That slide...

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