{"id":6601,"date":"2024-05-21T18:40:38","date_gmt":"2024-05-21T18:40:38","guid":{"rendered":"https:\/\/econoasia.com\/chinas-black-monday-sends-markets-reeling-across-the-globe-as-it-happened-stock-markets\/"},"modified":"2024-05-21T18:40:38","modified_gmt":"2024-05-21T18:40:38","slug":"chinas-black-monday-sends-markets-reeling-across-the-globe-as-it-happened-stock-markets","status":"publish","type":"post","link":"https:\/\/econoasia.com\/id\/chinas-black-monday-sends-markets-reeling-across-the-globe-as-it-happened-stock-markets\/","title":{"rendered":"China’s ‘Black Monday’ sends markets reeling across the globe – as it happened | Stock markets"},"content":{"rendered":"


\n<\/p>\n

17.24\u00a0EDT<\/a><\/p>\n

Closing summary: China sends world market into a spin<\/h2>\n

<\/p>\n

China has been a major contributor to economic growth and low global inflation for more than two decades.<\/strong><\/p>\n

<\/span><\/p>\n

But tonight, investors around the globe are catching their breath after one of the worst day\u2019s trading in many years. They\u2019re now pondering whether today marks the start of a new and alarming phase of the crisis which began some eight years ago.<\/p>\n

<\/span><\/p>\n

Mohamed El-Erian, former CEO of Pimco, believes today\u2019s rout has sunk any prospect of US interest rates being raised next month. But he doesn\u2019t believe we\u2019re heading into a major crisis.<\/p>\n

<\/span><\/p>\n

El-Erian told Bloomberg TV tonight:<\/p>\n

<\/span><\/p>\n

\n…<\/p>\n<\/blockquote>\n

<\/span><\/div>\n


\n
Tautan sumber<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

17.24\u00a0EDT Closing summary: China sends world market into a spin China has been a major contributor to economic growth and low global inflation for more than two decades. But tonight, investors around the globe are catching their breath after one of the worst day\u2019s trading in many years. They\u2019re now pondering whether today marks the […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2014,459],"tags":[],"class_list":{"0":"post-6601","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-shenzhen-stock-exchange-szse-id","7":"category-shenzhen-stock-exchange-szse"},"_links":{"self":[{"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/posts\/6601","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/comments?post=6601"}],"version-history":[{"count":0,"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/posts\/6601\/revisions"}],"wp:attachment":[{"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/media?parent=6601"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/categories?post=6601"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/econoasia.com\/id\/wp-json\/wp\/v2\/tags?post=6601"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}