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New Zealand China Council
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China Watch Autumn 2015

September 14, 2015

When China’s stock market stumbles, despite its small size and the fact that it does not reflect the core Chinese economy, world markets fall. International stock markets ascribe too great an importance to the shortterm global influence of China’s economy. As the Global Financial Crisis spread recession and fear throughout the world, the West hoped that Chinese GDP growth and consumer demand would be its salvation.

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