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Transcripts for CNN CNN Newsroom With Carol Costello 20160104 14:02:00

you think, there s got to be something inhertegritheriently n china, leading to the spiral effect in the country. how deep is china s economy in trouble right now? they ve been putting so much out there. millions of workers are at risk of losing jobs. it creates instability and they re trying to overhaul their economy. they re trying to also overhaul the regulation of their stock market, as well. oe of the reasons, the first time you ve seen stock market curbs put in in china, is because this is them trying to modernize their stock market. you have them halting trading to try to get control of all the selling here. it ll be a big test for china going forward. they re the factory floor to the world. we know the factory floor has been slowing a little bit. because it is such an inter connected world market, that is why you re seeing concerns this morning. we re watching oil markets, too, very carefully, because of what s going on in the middle east. selling stocks going into oil, going

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