The Chinese exodus continues: part 2

The Chinese sell off resumes. After three weeks of successful turnaround in the Chinese market due to significant government intervention including frozen trading, suspended IPOs, and a $500 billion rescue fund, the Shanghai Composite has fallen again, this time down 11 percent in three days. Certain analysts go as far as to state the current trading patterns in China resemble the selloff during the 1929 U.S. crash that ultimately led to the Great Depression. In an attempt to boost weak investor sentiment, the Chinese government continues to utilize its market stabilization fund and print optimistic reports in its state-controlled equity market newspapers. Emerging markets such as China remain incredibly unpredictable, says Voya Global.