Chinese stocks, while hardly the under-covered investment opportunity they were more than a decade ago, still have intriguing growth prospects. They still offer exposure to China's enormous market - according to PricewaterhouseCoopers, China could be the largest economy in the world with about 20% of world GDP by 2050. And they still can leverage the country's expanding middle class and booming Internet presence.
China has several companies that operate essentially parallel to big U.S. stocks,...
Donald Trump directed officials to draw up a list of a further $200 billion worth of Chinese imports to be targeted with further tariffs.
Chinese stocks were hit hard, with the small-cap and tech heavy indexes the CSI500 and ChiNext closing down 6.25% and 5.75% respectively.
Commodity futures tanked and benchmark global bonds rallied hard as investors fled to safety.
The sell-off looks set to spread to Europe, with most markets down around 1% in early trade. US stock futures are also down...
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President Donald Trump on Friday announced tariffs on $50 billion worth of imported Chinese goods.
The new tariffs directly affect aerospace, industrial machinery, raw materials, and automotive sectors, the trade representative said.
Stocks including Boeing, Caterpillar, and automakers fell in after the tariffs were announced.
Industrial stocks sank Friday morning after the Trump administration announced new taxes on $50 billion worth of goods imported from...