Chinese stocks got pummelled as investors get spooked by Trump's trade war
Posted: Wed Jun 27, 2018 7:33 am
Business Insider - 6/27/2018 - Will Martin - The escalation of trade tensions between the US, China, and numerous other major economies, is having a significant negative impact on Chinese markets, with stocks in the world's second largest economy suffering major losses. China's benchmark share index, the Shanghai Composite, dropped 1.1% on Wednesday — leaving it nursing losses of 22% from its most recent high, extending the bear market it entered at the beginning of the week. Bear markets are characterised by a fall of 20% or more from a high. Read more @ http://www.businessinsider.com/stock-ma ... ors-2018-6