Chinese Stocks Plunge on Domestic Growth Worries, Not US Politics
- Chinese stock market rout driven by domestic economic concerns, not US election or Trump
- Loss of confidence in Beijing's economic management is main factor behind plunge
- US election poses little direct threat to Chinese stocks; they fared well under Trump
- Trump win could damage US democracy, rule of law, Federal Reserve credibility
- Complacency about election risks among US business sector is dangerous