Even regulators are using the word "panic" to describe what's going on in China's stock markets.
And sure, the markets are very ugly. The Shanghai Composite has plunged 32% in less than a month. Its little brother, the Shenzhen Composite, has fared even worse. Beijing has tried very hard to stop the bleeding -- but nothing seems to be working.
5 reasons not to freak out about China's stock market - Jul. 8, 2015
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