Reported 19 days ago
The yuan recorded its largest decline in two years and Chinese stocks suffered significant losses due to escalating concerns over Donald Trump's potential return to the presidency. Traders reacted to fears of heavy tariffs on Chinese goods, which could further weaken the economy and disrupt supply chains. The Hang Seng index dropped 2.6%, while investors now look for Beijing's policy response amid rising market volatility, which may influence long-term economic stability.
Source: YAHOO