A tough begin for Chinese language shares to start out the brand new yr

The CSI 300 index closed down by 2.9% as we speak whereas the Shanghai Composite has closed down by 2.7%. The softer PMI knowledge from earlier right here definitely didn’t assist with the temper. However in relation to China now, there are storm clouds brewing over its economic system for the yr forward. And that is the larger concern, not least with Trump tariffs additionally set to strike and Beijing nonetheless solely touting excessive degree commentary as a substitute of detailed motion.

The drop within the CSI 300 index as we speak reveals that it’s on the point of falling in the direction of its lowest ranges for the reason that finish of September:

This text was written by Justin Low at www.ubaidahsan.com.



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