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10-minute explainer: George Magnus on Chinese equity markets

Why you should watch: Chinese equity markets have taken a beating - particularly tech stocks, with the Hang Seng's tech index and NY's 'Golden Dragon' index particularly hard-hit. Why? And will it last, or is it just a blip? Investors understand most kinds of risk, but political (or, worse, ideological) risk is much trickier to live with.

George Magnus is an economist (formerly chief economist at UBS and, before that, at SG Warburg), an author (most recently of Red Flags: Why Xi Jinping's China is in jeopardy), and academic (a research associate at both Oxford and SOAS. He has recently described Chinese equity markets as a 'war zone'.

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Produced/Edited by Alex Treptow

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