[cityhantam]

I saw the China stocks burst first even when it was not a bubble. Look at Tencent and Meituan.

For investors  every event is a potential opportunity. 
Bursting bubbles is nit a problem.

Until now you still don't understand that stock markets are just a very small percentage of China's economy, but it is a HUGE percentage of USA's economy. 

Role in the Economy

Despite being some of the largest exchanges in the world, China’s stock markets are still relatively young and do not play as prominent a role in the Chinese economy as America’s do in the U.S. economy.

Further, whereas U.S. companies are heavily dependent on equity financing, in China only a small percentage, often quoted around 5%, of total corporate financing is funded by equity. Chinese corporations rely much more heavily on bank loans and retained earnings.

With regard to investors, equities are a large part of household wealth in the U.S., with around 52 % of the population owning stocks. In China, property, wealth management products, and bank deposits make up a greater proportion of their investments with only about 7% of Chinese owning stocks.

Stock markets evidently play a much larger role in the U.S. economy than the Chinese economy at both the individual investor and firm levels. While this means that China’s economy remains relatively protected from disruptive ups and downs in the stock market, it also means that companies remain limited in financing opportunities, a factor that can inhibit overall economic growth.

https://www.investopedia.com/articles/in...arkets.asp