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China market jolt far less contagious than 2015 shock

Reuters  |  LONDON 

By Karin StroheckerLONDON (Reuters) - Three years after a financial shock in China rocked world markets, a slower-motion 20 percent reversal of China's main stock index and the yuan's worst month on record have had much less of a viral effect around the globe.Rather than the bolts from the blue investors endured over the past decade, Chinese market adjustments this year feel more transparent and akin to those in other developed markets.That in part reflects a greater maturity of Chinese markets, defter control by Beijing authorities and the more resilient world economy.A rapidly escalating ...

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First Published: Fri, July 13 2018. 20:33 IST