Tag: China economy
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China: Markets, Media & Mayhem
Markets: This week, Chinese stocks plummeted 5.7% after the Chinese government hinted that it would stop stimulating the economy. On Friday, the Shanghai Composite index fell an additional 1.2% to 3,086, Japan’s Nikkei 225 index fell 0.2% to 22,258 and South Korea’s Kospi declined 0.5% to 2,179. Chinese sovereign bonds – issued by the local…