Could China's Stock Market Worries Affect American Paychecks?

04:42

January 07, 2016

A man passes by electric screen showing Chinese shares decreases sharply to a halt on January 7, 2016 in Shanghai, China. Chinese shares slumped to a halt in half an hour on Thursday which was the second halt in the four trading days of 2016. The Shanghai Composite Index fell 245.96 points, or 7.32 percent, to halt at 3,115.89 points. (ChinaFotoPress)

China's benchmark stock index, the Shanghai Composite, tumbled more than 7 percent today, before "circuit breakers" halted trading on the exchange for the second time in one week.

Global markets reacted negatively and oil prices dipped lower as well, as economists and investors worried that a slowdown in the world's second-largest economy could hit economic growth in other places.

NPR's Marilyn Geewax discusses this and what it could mean for Americans, with Here & Now's Jeremy Hobson.

Guest

Marilyn Geewax, senior business editor for NPR. She tweets @geewaxnpr.

This segment aired on January 7, 2016.