While much of the world's focus has been on the crisis in Greece, China's stock market crash brewing to the east is more likely to ripple global markets. Value of shares in the world's largest economy plummeted more than 30% in the last few weeks alone, after having skyrocketed 150% in little more than a year.
"Hundreds of millions of inexperienced Chinese investors, many of whom have never owned securities before and who have never experienced anything other than rising markets, are panicking. Effectively, they've all hit the sell button at once."
Exactly how bad is the China stock market crash?