Michael Every Explains the Crash in China's Markets Today

Chinese stocks markets saw heavy selling pressure on Tuesday, with the mainland Shanghai Composite and Shanghai Shenzen indices closing over 6 per cent lower. The fall in Chinese markets weighed on other Asian markets as well.  Michael Every of Rabobank told NDTV that the stability seen in Chinese financial markets in recent weeks was entirely artificial. Selling picked up pace after benchmark indices fell below their crucial psycho...