What the media is still getting wrong about China's stockmarket

China remains the biggest story in world financial markets, but the media is still getting a key element of it wrong.

In China, red is a lucky colour. And unlike in the West, on the Chinese stockmarket, red is used to signify a rally in shares rather than a selloff. By the same token, the screens flash green when shares are heading lower (as The Australian Financial Review's China correspondent Lisa Murray has previously written, when stocks are sliding it is sometimes described as a "vegetable market".)