Following the price correction of the Chinese stock market

 •  Filed under China, finance
  • The Politics of China's Stock Market collapse (Washington Post)
  • "China bans stock sales by major shareholders for 6 months" (Bloomberg)
  • The Problem With China’s Efforts to Prop Up Its Stock Marke (The Upshot)
  • The visible hand: how far will China go to embrace the free market? (SCMP)
  • Washington worries China stock crash could hit Chinese economy (Reuters):

The Obama administration is worried that China's stock market crash could hurt the country's economy and get in the way of Beijing's economic reform agenda.

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Earlier in the day, China's tumbling stock market showed signs of seizing up and the country's securities regulator warned of "panic sentiment" gripping investors.

Speaking at an event on financial stability, Lew said the turbulence in Chinese financial markets was unlikely to infect Wall Street because "China's markets are still pretty much separated from world markets".