Strap in Tight – Chinese Stocks Plunge Again

Posted by Reuters & ZeroHedge

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“The more resources authorities commit to propping up the stock market, the more they ratchet up the potential fall-out risks should the market continue to collapse,” said Andrew Wood, an analyst at BMI Research. “This could give rise to a crisis of confidence in the authorities’ ability to support both the stock market and the real economy.”

….read the excellent analysis in ZeroHedge posted July 6th HERE

also:

China stocks fall again despite support measures posted July 7th HERE

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