Panic - Coverage of China

   On Monday (June 24), "Shanghai Composite" raced up 5.3%, due to fears of a liquidity crisis in China. Throughout the months to notice problems with the media in loans, but the panic began only yesterday after the country's central bank made ​​a statement that does not intend to intervene in the situation.
   To date, the Shanghai Stock Exchange Index SSE Composite was down again by 5%, stood at at 1,868.68 points.

   In China, the stock markets fuss and panic, as there is a mass sale of assets, as the collapse in prices.

   Assets of the shipbuilding and coal industries declined by 7%, and in the production of cement down stock prices.

   During the statement by the Federal Reserve of the United States of America, Ben Bernanke, has fallen Japanese «Nikkei 225 Stock Average» by 1.66%.

   Financial experts and analysts say that the market has increased fears and concerns, as rising borrowing costs could spread to the so-called shadow banking system has had a negative impact on the real economy.

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