Chinese Stock Market Plummets Over 8% — Worst Drop Since 2007 📉

Yesterday the Chinese market suffered its biggest fall since 2007, with over 1,500 stocks hitting the lower circuit. Investors doubt the quality of China’s 6% growth as the actual growth seen is 2.5% lower than projected. It's also the fear of a government clampdown on blue chips and the growing debt levels which is spooking investor sentiment. ET NOW’s Tanvir Gill explains what is wrong with China in much detail, listen in.