Expert Comment
Tension between control and openness affecting Chinese stock market – Dr Dennis Novy
As the Chinese stock market tumbles, University of Warwick economist Dr Dennis Novy, who has just returned from the country, said: "The Chinese government is deeply worried about a sharp drop in the stock market. Such a drop hits both the balance sheets of state-owned enterprises as well as the pockets of small-scale private investors. All this is happening against the backdrop of a slowing Chinese economy...