The topic of my article is about the stock market heading downwards in China. I found this article at Bloomberg.com. The title of this story is, “The Stock Market Hasn’t Had a Selloff Like This in Over 75 Years”.

This problem is going on in China as we speak. Their stock market is shooting straight downwards. This has been a major issues over the past half year, but the stability has dropped tremendously just a few weeks ago. This is happening because a bunch of companies are losing too much money so they have to shut down or limit their production. This is what is really hurting the stock market. I’m actually very surprised that this is happening. The reason is that China is always selling a bunch of their products and goods to different countries around the world. I feel this won’t be a severe problem for long. The market will most likely rise back up sometime in this upcoming year. This affects many countries as well as the US, because we import all of China’s productions, because it’s cheaper than if we had to produce it. The reason why China is cheaper, is because of so many people working in sweatshops and getting paid 5 cents an hour. So if China can’t get things back up soon, then other countries will have to step up and take China’s place. So in the bigger picture, this event could either change the world, or it could not be that big of a deal at all. But hopefully China can get their market back up, so things go back to normal.