“China's stock market is not very big. And yet when stock market has a bad day in China, it seems, Europe has a bad day and then we have a bad day.” BigsSeemsEuropeChinaBad Day Author:David Wessel
“At some point, people may decide that the U.S. stock market has fallen enough. After all, the U.S. economy seems to be getting better, that what happens in China is not going to have that devastating effect on car sales here or how many people buy Apple phones or what happens at - how many people shop at Wal-Mart.” PeopleMayEnoughSeemsHappensEconomyEffectsCarPhonesChinaFallenGet BetterApplesShops Author:David Wessel
“People have put a lot of faith in the government's ability to get growth going in China. People have this, what I think, illusion that there are six people in China who really have their hand on every button. And what we're learning is, it's a very big economy and they're not that good at it.” PeopleThinkingHandsBigsGovernmentGrowthAbilityEconomySixIllusionChinaButtons Author:David Wessel
“I think that the feel that maybe China is slowing down means it will be buying less from Africa and Latin America. That means Procter & Gamble and Coca-Cola will sell less in Latin America and Africa. And so it is definitely related.” ThinkingFeelsMeanAmericaSellsChinaRelatedBuyingLatinSlow DownGambleLatin AmericaSlowingCoca Cola Author:David Wessel