World stock markets slipped on renewed fears of slowdown in China: could authorities make the mistake of intervening again?Just a strong reaction to a feeble set of Chinese factory data? Slow manufacturing numbers were a trigger for Monday’s China-inspired falls in stock markets around the globe,but the worries were also fuelled by memories of Beijing’s cack-handed attempts to prop up share prices last summer. Nobody wants a see another shambolic exercise in state-sponsored market intervention, but a repeat performance is a opportunity. Related: Factory figures make for grim reading as global stock markets topple Continue reading...
Source: theguardian.com