With renewed US-CN 'trade war' stories, CN markets and investments are heavily rattled, this week's stockmarkets close, Shenzhen is -21.8% year to date (ytd), Shanghai is -17.1% ytd. As the rhetorics linger, CN markets get deeper into the hole. Which shows how protectionist, how stealth CN is in doing intl business that people cringe at the fear of being discovered.
CN remains the worst performing stockmarket in the world this year for several weeks now, Turkey 2nd, KR 3rd, PH 4th, Hungary 5th.
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