Since the beginning of October the benchmark US S&P 500 index has slumped 7.5 per cent, roughly in line with the fall over the same period in the Chinese stock market. Photo: Bloomberg
Tom Holland
Opinion

Opinion

Abacus by Tom Holland

Trump’s trade war is not behind China’s stock market slump

  • Markets in the US and China have been primarily propelled by domestic drivers. Likewise, the fall in China’s shares stems from Beijing’s campaign to crack down on the shadow financial system

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Since the beginning of October the benchmark US S&P 500 index has slumped 7.5 per cent, roughly in line with the fall over the same period in the Chinese stock market. Photo: Bloomberg
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