Things could be more bleak from the Chinese stock market perspective.The iShares China Large-Cap ETF still tumbled more than 7 percent last week.
Over the past 5 years, Chinese stocks have suffered similar losses on five other occasions, according to Kensho, an analytics tool used by Wall Street banks and hedge funds to mine market history for trading insights. After similar drops, the bearish trend continues, with Chinese equities trading negatively 100 percent of the time a month later, losing an average of 3.5 percent. During those periods, theAfter FXI 7% drops in 1 week, it continues to lag
China attacking a major customer like USA is just bad business. Expect Supply Chain Migration to damage China as it is no longer Low Cost Producer in Asia that it once was.
Stop buying China stock period
Winning the trade war required actually fighting it. 40 years of 'unconditional upfront surrender' policy is over. Fair Trade Free Trade