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Does China's Stock Market Turmoil Leave Global Manufacturing Growth in Doubt?

Posted by Paul Tate on Aug 25, 2015

sphere_individuality_250.jpgWe've all been there. You go into a meeting and by the time you come out, the world has changed.

That’s what it must have been like for the gathering of senior-level Chinese officials and state industrialists at a special meeting in Beijing last Friday as they listened to Lu Bingheng, a researcher at the Xi'an Jiaotong University, review the current state of China's advanced manufacturing sector and extol the virtues and future growth potential of the latest 3D printing technologies.

Outside the meeting hall, however, the world was spinning into financial turmoil. By mid morning, the main Chinese stock index had dropped by 2 per cent. The Australian dollar was losing ground, and financial jitters were rapidly infecting stock markets worldwide.

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