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China: a Global Economic Heavyweight — On the Mat

China: a Global Economic Heavyweight — On the Mat

It’s been over a week since the market took it’s first deep dive that rattled investors and has fueled an unprecedented level of turbulence. If you’ve been listening to the media coverage, you know well that the primary cause of the new volatility is not the U.S. economy or a slump in a major sector, but a foreign country: China. The big question for many is this: why China?