Talk Money: July 28, 2015
World markets are down this morning; following a big slump on China's sharemarket.
Chinese shares fell 8.5 percent yesterday – that's their biggest one day fall since 2007.
Investors in China are worried about weak economic data and a sharp fall in commodity prices.
That has prompted a global sell-off.
European stocks are down over two percent, Wall Street is down and oil prices have fallen to a four-month low.
Global investors do not have much direct exposure to the Chinese sharemarket, but they are worried about the weak data that has spooked Chinese investors.
Watch the video for the full Talk Money.