Capital bids China adieu


Usually, stock market saves run for a few weeks at least. China’s is already out of gas. The Market Ear has more.

Just local problems?

The China bear is seen as a local problem still. We saw a similar type of reasoning during the 1997 Asian crisis, but local issues went global. Don’t forget that China is an important macro asset.

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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.