Reported 24 days ago
Chinese stock traders are increasingly worried about the country's economic downturn, as recent data shows a significant drop in factory output, consumption, and rising unemployment. Analysts predict that without decisive government intervention, the stock market may face further declines, with market confidence wavering amid fears that authorities may not act effectively to stimulate growth. A notable exodus from the market has resulted in over $6.8 trillion in losses since 2021, signaling deepening pessimism among investors.
Source: YAHOO