SHANGHAI - The fresh escalation in the long-running Sino-U.S. trade dispute prompted a sharp selloff in Chinese markets last week with the yuan and banking and tech stocks hit particularly hard though some sectors, like farming, managed to outperform.
Foreign investors are a key part of the country’s equities market, holding a total of 1.68 trillion yuan worth of A-shares as of end-March, up from 1.15 trillion yuan at end-2018, according to latest PBOC data. Chinese banks cut back new lending in April after a record first quarter that sparked fears of more bad loans, but analysts say the central bank will have to sustain policy support through the year.
China’s No. 2 telecom equipment maker ZTE Corp had tumbled as much as 67.4% in 2018 on a U.S. export ban that threatened to put it out of business.
China's stock market is not related to the economy.
The national team is manipulating, donnot worry coz they will leave soon.
Overall After Finishing Day USA Never Apology their Guilt.. However they have been crushed on busines. 😃
咋滴，没想到吧？
Wtf!
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