OZY: Why China Might Be in for a Different Kind of Crash

By SIMON CONSTABLE

We’ve all seen the blur of headlines: China’s stock market falls. Really falls — like it was the great Wall Street crash of 1929 all over again, only over there. And then the Chinese government puts the brakes on its financial system for a while and things feel better. Then the fretting continues this week over yet another epic fall. But there is one news flash, one alert in our smartphone that we’re not getting about any of this.

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