Investor Disappointment Triggers Biggest Stock Drop Since 2020 in China

China’s stock market experienced a dramatic shift on October 9, 2024. The benchmark CSI 300 index plummeted 7.05%, marking its steepest single-day decline since February 2020. This sharp downturn abruptly ended a two-week rally fueled by government stimulus measures and economic support hopes. The recent market volatility underscores the challenges facing China’s economy. Policymakers are […]

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