The Dow Jones has plummeted over 1-thousand points as world markets continue to feel the impact of the economic turmoil in China.

Asian stocks are already trading at three year lows in the wake of what's already been dubbed 'the Great fall of China'.

The Chinese government has been struggling to get to grips with the slowdown in recent months - which started after it imposed restrictions on using debt to trade on the Shanghai stock exchange.

Chinese shares have now fallen by more than 38 per cent since June.