China’s Slowdown: The First Stage of the Bullwhip Effect
Harvard Business Review
SEPTEMBER 9, 2015
It reached a peak on June 12 and then proceeded to lose over 40% of its value by the end of August despite efforts by the Chinese government to prop up the market. This performance, combined with policies of the Chinese government, led investors to believe that future growth would be ever higher, creating the stock-market bubble.
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