Money in the Market: Is the global economy doing OK without China?

Chinese officials are doing whatever they can to stabilise the stock market… a slew of markets have been announced with the latest - the replacement of the head of the securities regulator. Investors are closely watching Beijing as they await more forceful policy to secure the turnaround. Meanwhile, while China is busy with its stock market rout, global equities are approaching records and even neighbouring Asian markets are relatively unscathed. So why aren’t regional equities not impacted more by the recent rout? Is China’s rescue plans enough for the rally to sustain? On Money in the Market, Hongbin Jeong speaks to Sani Hamid, Director for Wealth Management, Financial Alliance, to find out more. See omnystudio.com/listener for privacy information.