Trade war takes a heavy toll on Chinese stocks, and investors

  • Economy
  • Wednesday, 12 Sep 2018

SHANGHAI: It’s barely six months into a broadening Sino-U.S. trade war, and the fallout has already driven China’s stock markets into the same league as debilitated emerging markets such as Turkey, Argentina and Venezuela.

With around a 20 percent loss so far in 2018, Shanghai’s stock market has joined the crisis-hit trio among the world’s four worst performers. In stark contrast, the technology heavy U.S. Nasdaq index is one of the world’s biggest gainers, up about 15.5 percent.

Economy , Trade war , US , China