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After two months of steady declines, the Shanghai Composite index fell 8.5 per cent on Monday as investors were spooked by a succession of poor economic data. The FT’s Tom Griggs looks at the growing influence of Chinese markets on the world economy.
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The question is: when will central banks step in? We are already seeing forex derivatives, interest rate swaps, and credit default swap markets collapsing under very illiquid conditions. The longer they wait, the more expensive it becomes to support these markets.
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its gone down 30+% in the past 3 months. that’s not good now is it?
china is being put under sanctions in the near future theres a reason for that in 2013 they abolished 1 child policy. this is ur time. as sanctions sink in folks must boycott china also forcing the modernization of china not hardware software rather.
boycott china