Chinext goes splat

David Llewellyn-Smith

Monday 6 July 2015

It’s not exactly high level blogging but China bust watching is fun! Shanghai is barely positive for the day now:

As Chinext goes splat, down -4% and below Friday’s lows:

How do you say ‘lost credibility’ in Mandarin for Chinese authorities?

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.