No Hard Landing in Chinese Economy

China’s stock-market correction was predictable after its wild rise, and does not signal a sustained economic slump. “China shock” did influence the US and European stock markets last month, but the effect was mostly psychological and temporary; during the first half of September, US and European market have been rising steadily, although the Chinese stock markets are still struggling.

Mandy Peng via CHINA US Focus http://ift.tt/1KwqlN9