
TOKYO – China’s stock market has lost an amount comparable to South Korea’s GDP in just five months, presenting a significant challenge for Beijing. The decline of US$2.4 trillion in market value since May places the loss between South Korea’s $2.25 trillion GDP and Canada’s $2.49 trillion GDP. Numerous factors are driving Chinese equities into bear‑market territory, but a key driver remains a prolonged slump in …
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