Is China Stalling?

Executive Summary

On August 24, 2015 now dubbed as ‘Black Monday’ Shanghai market index lost 8.5% of its market capitalization which sent the markets worldwide into a tailspin. The ensuing volatility in global markets was exacerbated by fears of rapid economic slowdown in China - the largest economy in the world (PPP terms), which stoked fears of impending global recession and led to a massive sell-off.

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