China’s Stock Market Woes Are Back in Full Force

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China’s Stock Market Woes Are Back in Full Force
Investors monitoring stock movements at a brokerage house in Shanghai, Aug 18, 2015. Johannes Eisele/AFP/Getty Images
Valentin Schmid
Updated:

China’s stock market has been rising steadily since its Aug. 26 low until Black Friday, Nov. 27, when we got a reminder that China’s market is at the whim of the authorities.

The Shanghai Composite dropped 5.5 percent to 3,436 on Nov. 27, paring its gains since August to 17 percent.

(Google Finance)
Google Finance
Valentin Schmid
Valentin Schmid
Author
Valentin Schmid is a former business editor for the Epoch Times. His areas of expertise include global macroeconomic trends and financial markets, China, and Bitcoin. Before joining the paper in 2012, he worked as a portfolio manager for BNP Paribas in Amsterdam, London, Paris, and Hong Kong.
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