China 'Black Monday' Stock Market Panic In Asia: For Key Trade Partners Malaysia, South Korea, Japan, Meltdown Will Test Resilience

The repercussions of the Chinese stock market's biggest drop in eight years stretched around the globe Monday, with stock indexes showing record declines. But countries in East and Southeast Asia with close ties to China might feel the effects of "Black Monday" especially keenly as they suffer short-term setbacks, economists said.