History: February 27 (#4)

Wikimedia Commons, CC BY-SA

Arts & Culture Contemporary Politics & Power

February 27, 2007 Chinese stock bubble of 2007: The Shanghai Stock Exchange falls 9%, the largest daily fall in ten years, following speculation about a crackdown on illegal share offerings and trading, and fears about accelerating inflation.

Commentary

Source: Wikipedia (CC BY-SA)

On February 27, in the year 2007: Chinese stock bubble of 2007: The S hanghai Stock Exchange falls 9%, the largest daily fall in ten years, following speculation about a crackdown on illegal share offerings and trading, and fears about accelerating inflation. The Shanghai Stock Exchange (SSE) is a stock exchange based in the city of Shanghai, China.

Commentary

Source: Internal

Why February 27, 2007 matters: Chinese stock bubble of 2007: The Shanghai Stock E xchange falls 9%, the largest daily fall in ten years, following speculation about a crackdown on illegal share offerings and trading, and fears about accelerating inflation. What began on this day left a lasting mark on history. The effects were felt immediately and continued to shape events, ideas, and lives long afterwards.

Commentary

Source: Internal

Historical context: February 27, 2007 The 21st century has already seen profound shifts: the digital revolution has connected billions while reshaping politics and culture; climate change has emerged as a defining crisis; and new powers have risen to challenge the world order that followed the Cold War. The event on this day: Chinese stock bubble of 2007: The Shanghai Stock Exchange falls 9%, the largest daily fall in ten years, following speculation about a crackdown on illegal share offerings and trading, and fears about accelerating inflation. Source: https://en.wikipedia.org/wiki/Shanghai_Stock_Exchange (Wikipedia, CC BY-SA)