China’s benchmark index saw a huge selloff and has entered a bear market. The Shanghai stock exchange Composite Index closed more than 20% below its recent high in January. It fell to a 2-year low as trade war fears intensified this week as the U.S. is set to announce new restrictions on Chinese investment in U.S. companies. This follows from last week’s threats of further tariffs on Chinese imports to the U.S.
Trade War Fears drive market sentiment
Daily Analysis - 26/06/2018