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BEIJING, CHINA - AUGUST 27:  A Chinese day trader reacts as he watches a stock ticker at a local brokerage house on August 27, 2015 in Beijing, China. A dramatic sell-off in Chinese stocks caused turmoil in markets around the world, driving indexes lower and erasing trillions of dollars in value. China's government has implemented a series of top-heavy measures to manipulate a market turnaround including its fifth cut to interest rates since November. Concerns about the overall health of China's economy remain amid data showing slower growth.  (Photo by Kevin Frayer/Getty Images)
BEIJING, CHINA - AUGUST 27:  A Chinese day trader reacts as he watches a stock ticker at a local brokerage house on August 27, 2015 in Beijing, China. A dramatic sell-off in Chinese stocks caused turmoil in markets around the world, driving indexes lower and erasing trillions of dollars in value. China's government has implemented a series of top-heavy measures to manipulate a market turnaround including its fifth cut to interest rates since November. Concerns about the overall health of China's economy remain amid data showing slower growth.  (Photo by Kevin Frayer/Getty Images)

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    China panic triggers global market selloff

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China panic triggers global market selloff

China suspended trading for the day on its major markets when the indices fell 7%. CNN's Matt Rivers reports.

China panic triggers global market selloff

China suspended trading for the day on its major markets when the indices fell 7%. CNN's Matt Rivers reports.