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1.Market Observations, 8.Was Sticky

30 June 2018 (AFR) – Trump’s trade threats hit China’s stock market and currency

(30 June 2018, AFR, p24, by Keith Bradsher)

Shanghai Composite index Jan-July 2018 (ack: Stockcharts.com)

Shanghai Composite index Jan-July 2018 (ack: Stockcharts.com – http://stockcharts.com/h-sc/ui?s=$SSEC )

‘Months of struggling with economic problems at home and bickering with President Donald Trump over trade are starting to take their toll on China’s financial health. China’s stock market has now fallen close to levels not seen since a crash shocked global investors three years ago. An elite Chinese think tank affiliated with the government warned this week that the chances of a financial panic had risen significantly, shaking markets even more.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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