made an interesting point yesterday about the up side of China stock crash: it has led to a stronger bond market in China.
Since it reached wild peaks in October of last year, the Shanghai Stock Exchange has lost over half its value. If you're own the outside looking in (like the vast majority of foreign investors), you're probably thankful that China's policies on foreign investment kept you at arm's length from the market in those heady days.
Forex Factory suggests that the bond market is more important to the Chinese economy than the stock market, anyway. So perhaps the growth of China's bond market is a silver lining. And we all know that stocks there recover...