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China's Slump Is One Big Cloud in Sunny Global Markets.
- Source :
- Bloomberg.com; 3/10/2024, pN.PAG-N.PAG, 1p
- Publication Year :
- 2024
-
Abstract
- China's economic troubles are causing concern among global investors, who fear that the country's problems could spill over into other major economies. The property-sector turmoil, entrenched deflation, and geopolitical tensions with the US are all contributing to China's economic malaise. Experts warn that China's economic slowdown poses a risk to the global economy, as the country's size and influence make it difficult to ignore. There are concerns that China may export its deflation to the rest of the world, affecting industries globally. While China's benchmark CSI 300 index is rebounding, opinions on the country's stocks remain divided, with some investors planning to increase exposure and others planning to decrease it. The Chinese equity market is expected to face volatility and adjust to lower economic growth. [Extracted from the article]
Details
- Language :
- English
- Database :
- Complementary Index
- Journal :
- Bloomberg.com
- Publication Type :
- Periodical
- Accession number :
- 175942243