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Image Credit: Bloomberg Quint

Chinese Stocks Suffer ‘Panic Selling’ As Tariff War Escalates

  • Chinese stocks and bonds experienced significant drops as the trade conflict between the US and China escalated.
  • The onshore CSI 300 index saw a 7.6% decline, the largest in over five years.
  • Investors are concerned about the economic impact of the trade conflict and potential risks like currency devaluation.
  • Chinese government bonds surged as investors sought safer assets amid tariff fears.
  • Beijing may be considering weakening the yuan to support growth in response to tariffs.
  • Stimulus measures are being discussed to mitigate the impact of tariffs on China's economy.
  • Chinese markets are volatile as investors react to the escalating trade tensions and potential tariff impacts.
  • The response to US tariffs by Chinese officials has raised concerns about further escalations and global economic repercussions.
  • Asian markets experienced broad declines as uncertainty and risk aversion gripped investors.
  • There is a sense of panic selling and uncertainty in the markets as investors navigate the turbulent trade landscape.

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