Donald Trump said China’s stock markets had ‘one of the worst numbers that they’ve had in years’, as he campaigned in New Hampshire, the next state in the Republican nomination calendar.
The Nasdaq Golden Dragon China Index, which tracks Chinese companies listed in the U.S., experienced a 3.8% drop following Trump's Iowa victory. Analysts, however, are skeptical about Trump's claim, attributing the market downturn to China's internal issues.
China Stock Catalysts Seen Lacking as Economic Woes Run Deep bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Most China-based stock analysts and money managers cite geopolitical tensions, deflation and a possible US recession among the greatest threats to making money in 2024, according to a survey.
A $32 Billion Rout May Not Be End of Tencent's Woes bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.