Shanghai stocks plummet more than 4 percent: 'China's trade recession has started to emerge'

Shares in mainland China crumbled on Friday after Chinese trade data missed expectations by a wide margin.

The significant losses in Chinese stocks came as overall sentiment in Asia was downbeat for the day. MSCI's broadest index of Asia-Pacific shares outside Japan dropped 1.5 percent, as of 3:14 p.m. HK/SIN. China's February trade balance was also significantly weaker than expected at $4.12 billion. Economists polled by Reuters had expected the overall trade balance to come in at $26.38 billion. The country's trade balance in January had been $39.16 billion.

Uh oh

It was bound to happen. Grew way too fast and with the u.s-china trade wars it’ll only get uglier

Anything made in China lasts for 6 months. So China is ALL Fake

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks jump on signs U.S., China close to trade dealAsian shares gained on Monday on reports the United States and China were close ... One day, that headline will come home… He stoked and android setups Microsoft good quality app application and I have make when feeling distortion Thank u! Cha Ching
Source: Reuters - 🏆 2. / 97 Read more »

Stocks set to open lower | Jobs Friday is here | China supports HuaweiFutures are pointing to yet another lower open for stocks, as the Dow, S&P 500, and Nasdaq finish what's tracking to be their worst week of 2019.
Source: CNBC - 🏆 12. / 72 Read more »