Financial and Monetary Systems

6 must-reads on the Chinese stockmarket slump

Mark Jones
Head of Digital Content, The World Economic Forum

The big falls in Chinese stockmarkets are triggering unease around the world. Here’s a round-up of key pieces to get you up to speed on what’s happening and what it might mean for the global economy and politics.

CNN provides the background in China’s stockmarket crash… in 2 minutes (and 12 bullets).

The FT looks beyond the stockmarket to the wider role of overconfidence in real estate.

Wade Shepard, author of ‘Ghost cities of China’, points out that not everyone is worried about stock market volatility, which is a symptom of a growing volume of personal wealth with few investment options.

The Economist concludes that a rerun of the 1997 Asian financial crisis or the 2008 Credit Crunch is unlikely but lower world growth is almost certain.

Professor Menzie Chinn of Econbrowser believes the Chinese will relax policy to prevent growth slowing much further in order to maintain social stability.

Mohamed El-Erian, former CEO of investment giant Pimco, believes more money will be pumped into the global economy short term while structural reforms in leading emerging economies are needed for long-term stability.

Author. Mark Jones is Commissioning Editor for the World Economic Forum

Image: An investor monitors share market prices in Kuala Lumpur, Malaysia, August 25, 2015. REUTERS/Olivia Harris.

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

Sign up for free

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.

Stay up to date:

Financial and Monetary Systems

Related topics:
Financial and Monetary SystemsEconomic Growth
Share:
The Big Picture
Explore and monitor how Financial and Monetary Systems is affecting economies, industries and global issues
A hand holding a looking glass by a lake
Crowdsource Innovation
Get involved with our crowdsourced digital platform to deliver impact at scale
World Economic Forum logo
Global Agenda

The Agenda Weekly

A weekly update of the most important issues driving the global agenda

Subscribe today

You can unsubscribe at any time using the link in our emails. For more details, review our privacy policy.

How tokenization is transforming global finance and investment

Yuval Rooz

December 10, 2024

What does the new corporate borrowing boom mean for policymakers and business?

About us

Engage with us

  • Sign in
  • Partner with us
  • Become a member
  • Sign up for our press releases
  • Subscribe to our newsletters
  • Contact us

Quick links

Language editions

Privacy Policy & Terms of Service

Sitemap

© 2024 World Economic Forum