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00:00:00
nmda nail biting friday the third in a row for china stocks the key shanghai index dropping nearly six percent today chinese stock markets have shed over two trillion dollars since mid june roughly ten times the g. d. p. of crisis stricken greece , i reuters correspondent john religion shanghai i mean trading room with a typical investor is your older mom and pop type retiree doesn't people actually make up about eighty percent of trades in chinese style , what's been surprising here is the total lack of panic the people here were very calm , a different vibe than you would expect especially given the the worries globally about what might happen after several weeks of falls on the chinese stock exchange , many of the investors you can actually afford to lose that they put in , their monthly government pension , one investor i spoke to just sold all her stocks and is made actually about thirty thousand u. s. dollars despite the recent rash , she is planning a trip to germany and the u. k. with money the cheese made this time around still if the market goes into free fall that sanguine attitude is not