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Economics

From Greece's frying pan into China's fire

The "fear" of contagion springs from the extrapolation that should China's stock market "mayhem" persist the attendant negative wealth effect and loss of confidence would bring the economy a-tumbling down.

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Read more: China,  Greece,  QE,  Fed,  July,  ASX 200 index,  Athens,  Australian Financial Review,  Communist Party,  Great Depression,  Grexit,  Hang Seng Index,  Nikkei,  PM Li,  Shanghai Composite Index