As China market sinks, limited exposure to outside investors

A worker repairs the display board at a brokerage house in Fuyang in central China's Anhui province Wednesday July 8, 2015. China announced a flurry of new moves Wednesday to halt a stock market slide. The government told state companies and executives to buy shares, raised the amount of equities insurance companies can hold and promised more credit to finance trading. (Chinatopix via AP) CHINA OUT A worker repairs the display board at a brokerage house in Fuyang in central China's Anhui province Wednesday July 8, 2015. China announced a flurry of new moves Wednesday to halt a stock market slide. The government told state companies and executives to buy shares, raised the amount of equities insurance companies can hold and promised more credit to finance trading. (Chinatopix via AP) CHINA OUT

By Associated Press July 8, 2015 5 min read

NEW YORK (AP) – Chinese officials are scrambling to stop a plunge in the country’s stock market, shutting down half of its market from skittish investors and forcing brokerages to pony up billions to prop up shares.

The Shanghai composite lost another 5.9 percent Wednesday and is now down more than 30 percent since peaking June 12.

The impact on Chinese investors is direct, but for investors in the U.S., Europe and elsewhere, it’s not as simple. China’s market is largely isolated from other world exchanges, but there are worries the financial damage could hurt the broader Chinese economy, which is the second-largest in the world.

Here’s what has happened:

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