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Chinese Slowdown A Risk For Indian Economy

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  • Chinese Slowdown A Risk For Indian Economy

    There has been a surge in stock market investments by retail investors, attracted by quick returns. The investors have poured in largely borrowed money. Since 2010, Chinese authorities have eased restrictions on using borrowed money to invest in shares.Retail investors, who account for about 85% of trade in China, made risky investments often bypassing rules, according to analysts. Estimates say that borrowed money helped push the stock market 150% since June last year.

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    More than 500 China-listed firms announced trading halts on the Shanghai and Shenzhen exchanges on Wednesday, taking total suspensions to about 1,300 — 45% of the market, or roughly $2.4 trillion worth of stock.
    Neha Rani
    Success doesn't come to u , U Go To It....

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