Global stock markets fell for a sixth day on Jan. 7, as another collapse in China’s ailing share market spread across the world. (Reuters)
By Simon Denyer and Renae Merle-January 7 at 1:50 PM
BEIJING — Global stock markets fell for a sixth day Thursday as another collapse in China’s ailing share market spread like contagion across the world.
It all began on Thursday in a flash.
Chinese stocks traded for less than 30 minutes, slumping 7 percent before triggering the second emergency market closure this week and generating talk of a crisis.