On round one, SH index down almost 9%, DOW down 4%.
More like 中国股市"感冒"引发世界性“喷嚏” .
Seriously China is just used as an excuse to sell. Japan's interest rate rise and US future earning worries, plus the bull's run in the past 8-10 month provided the real driver for the drop.
Let's wait and see...It could be a very long summer.