Can We Stop With the Stories of China's Stock Market Crash Sinking Its Economy?

Bloomberg got into the act today with a quote from a Chinese economist telling readers:

"'A lot of entrepreneurs probably have invested in the stock market and now they have seen a significant loss,' Liu Li-Gang, chief Greater China economist at Australia & New Zealand Banking Group Ltd. in Hong Kong, said in a Bloomberg Television interview. 'As a result business confidence has lowered. In the past, sentiment tends to have a lot of impact on this survey.'"

The problem with story for arit...