China's stock market plunge triggered a global stock market tumbled.

<P>: News, China's stock market benchmark Shanghai Composite Index plunged 8.8% on 27, hit 10 years, the biggest one-day drop, and trigger a global stock market tumbled. .Bear the brunt of the stock market is the emerging market countries, from Russia to Latin America, these stocks have suffered a sell-off trend, albeit not as big as China's stock market. .India's Sensitive Index fell 1.3% from 27 Russian dollar-denominated RTS index fell 3.3%. .Brazil and Mexico's stock market also fell in early trading. .The major indexes in Asia also tumbled. .In the U.S., the benchmark Dow Jones Industrial Average index closed down more than 400 points, is 17 September 2001 point drop since the index's largest one day. .European stock markets reflect the overall market's Dow Jones Stoxx 600 Index fell 2.7% to close at 371.89 points. .</ P> <P> 27 announced orders for U.S. durable goods in January fell more than expected, the news is also a blow to the U.S. stock market. .Dow Jones Industrial Average index plunged 4.32% intraday, or 546.20 points to 12,086.06 points. .However, as of the close, the Dow recovered some lost ground, fell 416.02 points to 12,216.24 points, the history of the index's seventh-largest single-day point drop; Standard & Poor's 500 index fell 50.33 points to close at 1399.04 points. .The Nasdaq composite index fell 96.65 points to 2407.87 points, down 3.9%. .</ P> <P> from China stock market February 18, 1997 has decreased by 8.9%, but no single day decline is greater than 2 27, 27, the market value of China's stock market fell to a loss of more than 1,000 .billion. .As of February 27 closing, Shanghai and Shenzhen stock market value of about 1.4 trillion. .</ P> <P> China's economic growth remains strong, there is no analyst day alone fell from 27 to conclude that China's stock market has reached a turning point from prosperity to decline. .The Shanghai Composite Index on Feb. 26 just above 3000 points mark, and reaching record highs. .</ P> <P> analysts say, This time the stock market crash that Chinese investors are worried that the Government will actively take measures to cool China's stock market. .But analysts also believe that the stock market fell 27 does not mean that deviate from the strong growth of China's economic orbit. .</ P> <P> the stock market has fallen so that the Shanghai Composite Index dropped to the level of ten days ago. .The index closed at 2771.79 points from 27, still slightly higher than the Feb. 9 closing point. .The Shanghai Composite Index closed at 3040.60 points from 27. .Since last week, a time when the Chinese New Year, China's stock market closed the week. .</ P> <P> However, 27 days and no government announced a new policy on the stock market, and analysts generally think that the stock market should continue to have strong performance. .In fact, most signs that the end of the Spring Festival holidays tend to return to stock market investors buy the stock further. .For example, the letter established a joint venture asset management company (CCB-Principal Fund Management), established an open-end fund on February 26 for subscription only a few hours, the subscription funds reached 10 billion yuan (12.9 billion U.S. dollars) in the ceiling. .</ P> <P> Huatai Securities (Huatai Securities), said analyst Chen Huiqin, investors avoid the stock market volatility and the choice to reduce positions, but to assert that the stock market has risen to peak too early. .</ P> <P> After years of doldrums, the Chinese stock market in the past 20 months appeared to soar, this round of rally that added millions of Chinese investors. .On the stock market officials have expressed concern about the rising rate, the Shanghai Composite Index soared 130% in 2006. .</ P> <P> 27, traders said the index breaking the 3,000 point mark 26 made them uneasy, worried that the Government in the National People's Congress annual meeting next week to the occasion by introducing new taxes or other measures to stock market .cooling provides more reasons. .</ P> <P> more than a year's rally to the status of China's stock market is more important in the world. .06 best-performing mutual fund world there are many Chinese companies have invested in stocks listed overseas. .In addition, although foreign investors to invest in mainland China stock market channel much, but China's stock market value and increase the influence that China's economic importance of the world has been further improved. .</ P> <P> traders in Hong Kong and mainland China relations, especially close, as some of the Hong Kong stock market's largest stocks also listed in Shanghai, such as some large banks and insurance companies stocks. .Hong Kong's Hang Seng index fell 1.8% from 27 to close at 20,147.87 points. .</ P> <P> because people fear the government may take measures to cool the stock market, China's stock market rose faster in 2007 has slowed down. .As of February 27 closing, the Shanghai Composite Index gained 07 is still 3.6%, but people are those who impressed the trading day the stock market fell sharply, officials had taken a verbal warning, tightening credit and limiting the open-end funds .scale measures led to the stock market decline. .</ P> <P> traders are watching the current NPC session is convened next week, would adversely affect the stock market. .A few years ago, China's stock market often rise before the National People's Congress, during the meeting because people want the Government will introduce a number of supporting the stock market development policies. .Just hope it is mid-mid-down, the Chinese Premier Wen Jiabao last 05 losses on the stock market investors expressed concern a few weeks after government regulators announced the split share reform program, many people .It is the reform that led to the recent stock market rose more than a year. .</ P> <P> the performance of China's stock market has long been a presence with the departure from the fundamentals of the Chinese economy, while China's sustained economic growth, but China's stock market has experienced several ups and downs. .China's economic boom in recent years, many Chinese people become wealthier, but the majority of Chinese investment in the stock market is not interested in who are not seized, they put money into the housing, car and business. .</ P> <P> However, the Chinese stock market since the mid-05's rapid rise to share in the lives of many Chinese people began to play an increasingly important role. .From retirees to college students, the emergence of millions of new investors push up the stock market, waiting for opening of new investors the business of securities companies packed the hall. .Online stock trading has become increasingly popular. .As China's stock share price is not high, so the threshold into the stock market is low, the daily average in recent Zhou Gumin accounts, up to 90,000. .</ P> <P> Chinese people have a lot of money available for investment. .Individual residents of China's approximately 2 trillion dollars deposits, well above the 1.4 trillion U.S. dollars in Shanghai and Shenzhen's total market capitalization. .Chinese leaders have said they want to maintain the confidence of investors in the stock market, although this does not mean the stock market will not be some short-term fluctuations. .</ P> <P> far the government control the speed of the rising stock market move has been little success. .The government has for the stock market speculation of fraud, especially the stock market has taken some measures. .The aim is to ensure that China's stock market can become a reliable investment and corporate finance tools, and more Chinese enterprises in the past to obtain funds through bank loans. .</ P> <P> the Chinese government is also concerned that if measures to cool the stock market is too hot, it is possible to make long-term stock market downturn, which triggered a series of political and economic problems. .</ P>.