Everyone freaking out about China's stock market … – Business Insider
REUTERS/China NewsphotoThe Shanghai Composite Index has fallen by 27% in less than a month — a huge reversal from the 117% gain over the past eight months. And this splashy volatility has everyone worried about the precipitating negative effects on the Chinese economy.But the actual effect may be less than analysts are expecting:”The stock market wealth effect in China is smaller […]