Why China’s stock market is imploding

China is a having a market meltdown of truly epic proportions.

Chinese shares have fallen as much as 30 percent since June after scaling record high after record high.

  • Why has it risen so fast?

  • Why is it falling so quickly?

  • Why does this matter to us here in South Africa?

We interviewed Matthew Birtch, Lecturer at the Gordon Institute of Business Science.

Scroll down to listen to the interview.

The Chinese government is slightly spooked. They’re taking it quite seriously. We’ve seen a 2.5 trillion dollar drop in wealth! But you must remember the market doubled in a year.

Matthew Birtch, Lecturer at the Gordon Institute of Business Science

The fundamentals in China are still strong. The drop-off will continue, but I don’t quite think it’s a bubble.

Matthew Birtch, Lecturer at the Gordon Institute of Business Science

This article first appeared on 702 : Why China’s stock market is imploding


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