clinically proven to help minimize blood sugar spikes. so you stay steady ahead. let s turn our attention to wimbledon. sere rein that williams is headed to the women s final again after she beat sharapova. cristina mcfarland has the details. reporter: the women s finals are set here at wimbledon. 20-time grand slam champion serena williams will take on mug gs uruza of spain. serena survived three tough
next few days bring. andrew stevens in hong kong thank you for your reporting there. the highs and lows in china are similar to what happened on wall street in 1929. cnn s claire sebastian reports. reporter: the roaring 20s. a time of short skirts short-term trade and a long, steep decline. 86 years later and some say it is happening again in china. the shanghai composite up more than 80% in the past year has lost almost a third of its value in the past four weeks. compare that to the dow in 1929 and the graphs look eerily similar. in the post-war euphoria of the 1920s, people borrowed money to buy stocks. a practice known as margin trading. strategists see history repeating in china. the levels of margin left handing in china are historically unprecedented.
their case because they are going to probably be even more aggressive. reporter: not everyone is optimistic. that s wa we saw in 1929 as well. which is the market was not at a sustainable level and all of the attempts all the kings horses and men couldn t put humpty together again and that s wa we are seeing now. the global depression lasted almost a decade. most believe china s bear market will be contained to china. each bubble and each bust is different. each difficult to manage. a hard lesson learned on wall street. clare sebastian, cnn, new york. now back to the financial crisis in greece. it touches every aspect of life in that country. the banks are closed. businesses are suffering and people are losing their jobs but one man is doing his best to weather this storm. here s cnn s richard quest.
the john lennon. i settle on the warning sign of trouble and appropriately in business greece is in crisis. but here is the exception. the fame of this man has spread far. the shop is always crowded. business for us is good because we are making something that is hand made and people like still like hand made things. reporter: even with such riches life is getting more difficult, leather the basic raw material of the trade is harder to obtain and the lack of cash is spreading havoc in an economy that runs on notes and coins. in hard times, and old-fashioned society, like the greek society, it is nice to see something real in their hands. they need to see cash. this is how they understand the concept of money. they want to know they have whatever points in a bank account. they want to see real things like real tomato real
reporter: this is the world with of sandals and feet. all styles all types. and in this world rules as emperor. they have been turning the best greekleter in to quality foot ware for three generations. they have created sandals to the stars. i made for vara jessic parker for the wife of the vice president of the united states. and recently for a famous model. reporter: i have come with my own bit of greek tradition and my choice is plentiful as the legends themselves. who knew sandals could be so difficult? plato, hermes and more. perhaps manage more modern.