What was the 2015–2016 global sell-off sparked partly by fears over China’s economy called?

The 2015–2016 global sell-off sparked partly by fears over China’s economy was the 2015–2016 stock market sell-off.

Chinese equities had risen rapidly before falling sharply in the summer of 2015. Concerns about slowing Chinese growth, falling commodity prices, and the effectiveness of official market interventions spread to markets around the world. Investors also worried that China’s currency adjustment signaled deeper economic weakness.

The Shanghai Composite Index fell substantially from its June 2015 peak, while volatility increased in Europe, North America, and other emerging markets. A further worldwide decline occurred in early 2016, when worries about China, oil, and global growth again dominated trading.

This episode is sometimes loosely called a Chinese stock-market crash, but its effects were international and unfolded over more than one wave. It was not the same event as China’s 2007–2008 market collapse or the COVID-19 crash.