China stocks plunge to 2-year low on tariff threat


Red line: The Shanghai Composite Index slid almost 5 after Trump threatened to slap tariffs on another US200bil in Chinese imports. —AP

SHANGHAI: China’s benchmark equity gauge tumbled to a two-year low and the yuan weakened as a trade dispute with the US intensified.

The Shanghai Composite Index slid almost 5% after US President Donald Trump threatened to slap tariffs on another US$200bil in Chinese imports.

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Business , China , stocks , plunge , yuan , dollar , trade , war , Trump , tariffs , markets ,

   

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