In China, Stock Market Volatility Is the Symptom, Not the Disease

Jan 7, 2016 | 23:37 GMT

Although the stock market is getting a lot of attention, China's macro-economic picture also offers little cheer. The continued slowdown in industry -- such as hints of sluggishness in the service sector -- is one of several larger underlying problems China is struggling with. China's difficulty in managing its stock market, foreign exchange reserves and currency regime is merely a reflection of those core issues. ...

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