'Trade in China' is the new story

In 2015, when China's bourses and the currency witnessed a dramatic meltdown, fears arose about the perceived side-effects of the opening-up policy on the capital market. Now, it appears, such fears may have been unfounded.

Back then, unprecedented market volatility prompted the government to take contingency measures to prevent a domino effect that could have threatened the country's financial security and stability.

But such measures were by no means equivalent to slamming the door on the rest of the world to isolate the world's second-largest economy from the wider global financial system.