China suffers worst wheat harvest in 55 years

Those exchanges are mostly local firms tho. The big guys are in hong kong or listed on wall street.

Also this is (currently) only correcting a specific market which has massively over-inflated over the last year - long term it's still up.

I don't really follow Asian markets much but this whole thing seemed like an overhyped reaction to a correction on some short term quick gains. FXI in Jan/March highs of ~43 seemed like a good spot were things could be realistically stable . I ended up filling at 39.23 and couldn't ask for better for getting the near bottom on that. Maybe I'm just lucky...I'm not one to give any real financial advice =p

They're prepping everyone for robot replacement.

"If SJWs had their way"

Borzak_sl said:

China has other problems apparently.

Chinese workers wear masks to work - Business Insider

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Only 1 fawkes mask and it looks like it's a chick!

shes so fawkesy

Agraza_sl said:

shes so fawkesy

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/groan

OUAriakas_sl said:

Whelp, hope that International Fund in my 401k doesn't have a ton of exposure in China.

I bet it does.

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If it's based on market cap, then it shouldn't. This is VT, which is basically an ETF that is supposed to mirror the entire planet's cumulative stock market more or less:https://personal.vanguard.com/us/fun...tExt=INT#tab=2

China is 2.5% of that. Even if you take out North America to make it "International", that's still only 5%. China's stock market is tiny relative to it's economy.

Shares are tumbling again today.

Chinese shares tumbled more than 8 percent on Monday amid renewed fears about the outlook for the world's No. 2 economy, reviving the specter of a full-blown market crash that prompted unprecedented government intervention earlier this month.

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http://www.reuters.com/article/2015/...0Q10KE20150727

It never has before, so I suspect it won't this time either.

So much for china dominating the world

Maester Chuk_sl said:

So much for china dominating the world

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You're an idiot. How many financial crises has the US had in it's history? More than a few. The fact is that China's economy is only slightly smaller than the US's now, and talk of "slow downs" aside, it's still growing over twice as fast. Development rarely happens in a straight line.

Eomer_sl said:

You're an idiot. How many financial crises has the US had in it's history? More than a few. The fact is that China's economy is only slightly smaller than the US's now, and talk of "slow downs" aside, it's still growing over twice as fast. Development rarely happens in a straight line.

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Based on what? The bullshit numbers the Chinese government provides?