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    China's Stock-Market Red Herring 

    Business, Jeffrey Frankel, Published on 01/02/2016

    » With the Shanghai composite index down more than 40% since last June, investors worldwide are watching the decline with growing concern -- but not because they are invested in the plummeting market (China stocks are overwhelmingly held by Chinese). Rather, the fear is that plunging equity prices mean that China's economy is going down the tubes.

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