China's Stock Markets See Sharp Decline Amid Rising Trade Tensions
China's Stock Markets See Sharp Decline Amid Rising Trade Tensions
China's stock markets faced a significant downturn as global trade tensions intensified, with Hong Kong's Hang Seng Index dropping 13.2%.
This marks its largest single-day plunge since the 1997 Asian financial crisis and the 2008 market crash.
The steep decline reflects a broader global market sell-off, signaling growing investor fears of a potential global recession.
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