The United States
and China may be close rivals as global economic heavyweights,
but they are nowhere close in the world of equity market values. Boosted by the latest wave of the.
(Bloomberg) MSCI Inc. is cutting dozens of Chinese companies from its global benchmarks following a market rout that’s erased trillions of dollars in value from the nation’s stocks.Most Read from BloombergS&P 500 Rally Hits a Wall in Run-Up to CPI Report: Markets WrapTrump Asks Supreme Court to Keep DC Election Trial on HoldPentagon Chief Austin in Critical Care for Bladder IssueTrump Says There’s ‘No Way’ Taylor Swift Can Endorse BidenThe index provider is removing 66 companies from its MSCI