Latest / China Economy with Fexingo: Beijing's Policies, Trade, and Asia-Pacific Markets
How China Consumer Stocks Are Getting Crushed by Trade War Pain
Chinese tech and consumer stocks like Alibaba (BABA), JD.com, and Baidu (BIDU) are getting hammered this week even as broader markets wobble. The iShares China Large-Cap ETF (FXI) is down over 5% in five days, and the KraneShares CSI China Internet ETF (KWEB) has lost more than 6%. Lucas and Luna drill into what's driving the selloff: the escalating trade war with the US, a weakening yuan pushing 6.77 per dollar, and fears of a consumer slowdown in China. They unpack why e-commerce giant Alibaba is down 11% in a week, why discount retailer PDD Holdings is sliding too, and how the…
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