Reported about 6 hours ago
Chinese stocks are nearing a bear market as geopolitical risks escalate with Donald Trump's upcoming inauguration. The MSCI China Index has dropped by 20% since early October 2023, amidst investor fears of increasing tariffs and economic slowdown, spurred by recent U.S. actions against major Chinese companies. Despite government efforts to stimulate growth, including subsidies and interest rate cuts, optimism remains low due to persistent economic challenges and a lack of decisive policy initiatives until China's annual legislative meeting in March.
Source: YAHOO