China’ stock investors and forecasters have seen a dismal year plagued with unwelcoming downward curves amid the continuing trade war with the United States.The benchmark Shanghai Composite Index fell below 25 percent compared to where it started this year and is now the poorest-performing major stock market in the world.

Then there is the trade war with the United States which wiped out a massive $2.4 trillion this year alone, while a deleveraging drive has pinched margin debt to just a third of its height in 2015.As foreign investors continue to inject money into onshore equities via the stock connects and state funds in an attempt to rescue shares, the still didn’t halt declines.

  Shanghai Composite Index fell below 25 percent compared to where it started this year

Stock declines have shaved $2.4 trillion off China’s market value this year as of Thursday, the biggest on record since Bloomberg started compiling the data in 2002.The closest loss was during the global financial crisis ten years ago, when the Shanghai gauge plunged 65 percent.China also ceded its place as the world’s second-biggest stock market to Japan earlier this year.

READ MORE: https://neonnettle.com/news/6064-china-sees-2-4-trillion-stock-market-loss-amid-trump-trade-war


 Neon Nettle

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