What was the name of the 2015–2016 Chinese market turmoil that followed a dramatic Shanghai stock-market decline?

The 2015–2016 Chinese market turmoil that followed a dramatic Shanghai stock-market decline was the 2015 Chinese stock market crash.

China's Shanghai Composite Index rose sharply from mid-2014 into June 2015, helped by strong retail participation, margin financing, and expectations of continued economic growth. The index peaked on June 12, 2015, and then fell steeply. Authorities responded with trading restrictions, support measures, investigations, and changes affecting initial public offerings and short selling.

A second worldwide shock arrived in August 2015 after China changed the way it managed the renminbi's daily reference rate. Investors interpreted the move alongside weaker economic data, and global markets fell. The turmoil continued into early 2016, when another sharp decline triggered China's circuit breakers.

The episode is often described broadly as Chinese stock-market turbulence because it included several waves rather than one isolated trading day. It also differed from the 1997 Asian financial crisis, which began with a currency collapse in Thailand and spread through regional financial systems.