BBC World Service South Asia

Business Daily

Factual: Money

The daily drama of money and work from the BBC.

Business Daily: The Great Fall of China

Bulletins

The Great Fall of China

25/08/2015 GMT

BBC World Service - Business Daily, The Great Fall of China

The biggest one-day share fall in five years, and why tech will soon change how we learn.

The biggest one-day fall in global stocks for five years, driven by fears around the true state of the Chinese economy. Plus how technology is  education around the world.

We examine what the Chinese are calling Black Monday, what British papers are calling the Great Fall of China. Monday saw the biggest one-day fall in global stocks since the height of the financial crisis. Trillions wiped off shares, driven by fears around the true state of the Chinese economy. We hear how some share markets are now struggling to bounce back, and at the enduring fears that something is fundamentally wrong with the Chinese economy. David Stubbs, global market strategist with JP Morgan in London, says the fears may be exaggerated, but he accepts that low commodity prices are now probably here for quite some time to come. We also visit an education technology conference in London, looking at the ways in which technological change could be offering the basis for a slow revolution in the classroom. Experts from Samsung, Google and educational institutions argue that new apps and computing are already transforming the way billions of children around the world experience education.

(Photo: Stock market investor in China, Credit: STR/AFP/Getty Images)

BBC World Service

BBC World Service West and Central Africa Schedule

BBC World Service West and Central Africa

BBC World Service East and Southern Africa Schedule

BBC World Service East and Southern Africa

BBC World Service Europe and the Middle East

BBC World Service Australasia

BBC World Service Online

BBC World Service East Asia

BBC World Service schedule for American satellite radio and the Caribbean

Accessibility links

Programme Index

Business Daily

The Great Fall of China

Genres

Formats

Brand

BBC World Service South Asia

About BBC World Service