Who will get affected?
Although, it is not a surprise to many of us, it is indeed scary for the global investors. Currently traders are fleeing Chinese equities and the board shows red on the Shanghai stock market.
Besides China, who else will get effected and why?
Since the rise of the Chinese economic power 30 years ago the world shifted gears from the Western industrial production to Chinese goods. Most developing nations like South Africa, Australia, New Zealand and many other sold more raw materials to China and no longer to the Western nations.
Today developing nations biggest...