Ruh Roh: CHINA STILL IN PANIC MODE: SHANGHAI DOWN ANOTHER 7%

HOW DO YOU SAY "STAMPEDE TO THE EXITS" IN CHINESE?

AND THIS DESPITE EXTREME ANTI-PANIC MEASURES BY THE CHINESE GOVERNMENT..... IT WAS DOWN ANOTHER 7%  AT THE OPEN ON WEDNESDAY.

30% OVER THE LAST FEW WEEKS.

HOW BAD IS THAT?

THIS BAD:

 a 30pc fall in the Chinese stock market – a loss of value roughly equivalent to the UK’s entire economic output last year 

ONE MORE STRAW AND.....

UPDATE: MORE THAN HF TH STOCKS IN SHANGHAI HAVE BEEN FROZEN.