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China's year of adversity costs equity investors US$2 trillion


Allegations that ZTE Corp. and Huawei Technologies Co. violated U.S. sanctions on Iran have led to bans and arrests and caused a whole lot of diplomatic strain between the world’s two largest economies.

Allegations that ZTE Corp. and Huawei Technologies Co. violated U.S. sanctions on Iran have led to bans and arrests and caused a whole lot of diplomatic strain between the world’s two largest economies.

HONG KONG: A deluge of misfortunes has left China’s equity investors with their biggest losses in years, wherever you look.

Stung by everything from a national vaccine scandal to a decline in consumer spending, the Trump administration’s crackdown on Chinese tech and Beijing’s tightening grip on education, gaming and drugs, the country’s stock market has lost $2 trillion in value in 2018. 

Corporate News , Economy , Markets

   

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