Fear about China’s economy can be overdone. But investors are right to be nervous
Economist
Aug 29th 2015 | From the print edition
ONCE the soundtrack to a financial meltdown was the yelling of traders on the floor of a financial exchange. Now it is more likely to be the wordless hum of servers in data centres, as algorithms try to match buyers with sellers. But every big sell-off is gripped by the same rampant, visceral fear. The urge to sell overwhelms the advice to stand firm. Tiếp tục đọc “The Great Fall of China”