CHINA'S ECONOMY, let's understand in simple terms

Exports fell by 14.5% year-on-year in July since many companies are leaving China and on another side China's economy is built of export only so when demand falls in the West, China suffer

This lead to deflation as people have no money and supply is more due to a reduction in export

The cascade effect is directly on Youth unemployment which is at a record high

Export fallen, domestic demand fallen lead to the closure of business and hence Credit growth has fallen to lowest since 2009

With no money in hand, people not investing in property as a result many big property developers are on the verge of default, and some filed for bankruptcy. The millions of empty flats are a ghost town

and Finally it lead to Yuan close to a 16-year low against Dollar

Now think where India is standing