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[Henry]

The Shanghai Composite Index is down 23% since peaking in November. Markets in Brazil, India and Japan are down for the year as well.

Yes, the U.S. stock market is pulling back -- and sharply so. But it could be worse.

Ask Chinese investors, where the Shanghai Composite Index lost 5% today and is now down 21.9% for the year. It's also down 23% since peaking in November.

Or investors in Brazil, where the Bovespa Index is down nearly 15% since hitting a closing high for the year on April 8.

Or even Japan, whose Nikkei 225 Index ($JP:N225) has fallen 9.7% since its April 5 closing high and is now down 3% for the year.

Stock markets around the world have been tumbling since the European debt crisis (let's admit it: It's bigger than Greece) truly erupted in April.

More info at this link: http://articles.moneycentral.msn.com/In ... =1,1756396

[jeffcm]

Some good news for people doing foreign investment. China certainly is a big market.

[mattm948]

Related to the stock market China, research has shown that of the 50 richest people in China, their average net worth has decreased by more than 1/3 over when compared to last year.

http://www.telegraph.co.uk/news/worldne ... risis.html