Top Stories
Top Stories
Market Insider

The US risk from the Chinese stock selloff

VIDEO1:3401:34
Why China's stock market is different
VIDEO2:1802:18
Selling in China little impact to Chinese economy: IMF
VIDEO1:3501:35
Two sides to China selling

The burst of China's stock bubble doesn't spell doom for U.S. stocks, most analysts believe. But the ugly unwind of the euphoric rally reminds the West just how much the world depends on China. (Tweet This)

"It's more than a Chinese stock story. It's what's happening with global growth," said Gregory Peters, senior portfolio manager at Prudential Fixed Income. "The bond market is reacting to commodity markets and China more than anything else."

Bond yields hit a low this week amid the Chinese selloff and the constant headlines about the Greek debt crisis. Commodities also collapsed, with copper at a six-year low and iron ore futures plunging, before rebounding Thursday.