Hope I'm wrong but I think this is worst than the past Greece collapse in the sense that China is an unmatched card in terms of power,
And even worst than the US collapse back in '07 in the sense that -- as one Weibo user puts it -- "China's stock market is like a cheating boyfriend: You keep on trusting him but each time you're disappointed." "You keep on trusting him and believe that everything will turn out fine. But, every time he disappoints and hurts you and breaks another new record"
This is bad I think, although Cook just announced his China sales look great.. Who knows
