Stock Market Slump Will Have Only a Limited Impact on Economy

The A-share market has been undergoing an unprecedented plunge since mid-June, with the benchmark Shanghai Composite Index having declined about 30% and the capitalization of listed companies having shrunk by about 20 trillion yuan (about $3.23 trillion).

Xu Hongcai Director-General, China Center for Int'l Economic Exchanges via CHINA US Focus http://ift.tt/1HgFv5a