What was the 2015–2016 worldwide sell-off linked to China’s slowdown commonly called?

The 2015–2016 worldwide sell-off linked to China’s slowdown is commonly called the 2015–2016 stock-market sell-off.

Chinese shares had surged during the first half of 2015, but the Shanghai Stock Exchange then fell sharply. A devaluation of China’s renminbi in August 2015 increased concern about economic growth, exports, and the health of emerging markets. Weak commodity prices and worries about global demand added to the pressure.

On August 24, 2015, often nicknamed Black Monday in China, major indexes around the world recorded steep losses. The selling continued into early 2016, when fears about China and oil prices again unsettled markets.

This episode is not the same as China’s 2007–2008 stock-market decline or the 2020 pandemic crash. Its central theme was uncertainty about Chinese growth and the effects of changing currency and financial-market policies.