China Heading Towards Collapse?

China Heading Towards Collapse?

Greece is not the only country with an economy close to collapse. China’s stock market has experienced nearly $3trillion worth of loss in the past few weeks and continues to fall. Some are comparing their losses as a start towards the biggest financial disaster since the 1929 Wall Street crash. “’The parallels with 1929 are, on the face of it, uncanny,’ wrote Jeremy Warner, economics commentator and assistant editor of The Daily Telegraph.”

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