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Dow Plunges 317 Points, Wipes Out 2014 Gains
Meanwhile, shares of fast-food behemoth Yum Brands (YUM) came under heavy selling pressure after the firm said news reports suggesting its supplier in China might have been using past-expiration-date meat had a ""significant, negative impact" on same …
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China's High-Income Hopes
Another risk is that China's leaders continue to delay efforts to expand the services sector – including finance, insurance, China wholesale and retail trade, and logistics – in the hope that the economy can continue to depend on manufacturing. Given how …
Read more on Project Syndicate
Dow Plunges 317 Points, Wipes Out 2014 Gains