Michael Plank, University of Canterbury; Shaun Hendy, University of Auckland, and Siouxsie Wiles, University of …
Read More »While you were sleeping: China concerns grow
Wall Street fell, along with European equities, amid concern about the persistent fire-sale of Chinese stocks and the outlook for the Asian nation’s economy. A 5.9 percent slump in the Shanghai Composite Index Wednesday brought its plunge since June 12 to 32 percent, according to Bloomberg. “The China selloff is spooking the markets,” Tim Ghriskey, chief investment officer of Solaris Group …
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