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From Worldometers, today the China population stands at 1,401,586,609 and continue to grow.
Statistic from Worldometers. And this number keep changing, live.
Imagine if everyone carry a can of Coke, it will be 1,402,230,171 can of Cokes. So, if everyone spend one dollars it will be 100 x 1,402,230, 171 = 140,223,017,100 dollars. So the metaphor is when everyone in China start selling their stocks, no one in the world can hold them from falling.
China authorities has rushed more emergency measures to hold the falling knift to halt to be accurate what is turning into crisis of confidence of the China stocks market. Read more from WSJ, the Wall Street Journal, Chinese Government Struggles in Attempt to Stem Distress in Stock Market.
Hong Kong Stock Market
Hong Kong Stock Market got rack down too, see chart for details.
July 8, 2015 Hang Seng Index
Shanghai Stock Exchange Index Composite
Shanghai Stock Exchange Index Composite July 8, 2015
Thanks for visiting the website, have fun!
Moses
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