MARKETS
China Stocks Lag Global Rivals as Debt Crackdown and Trade War Loom
Shanghai market’s weak showing comes as MSCI is set to include some Chinese-listed stocks in its emerging-markets index for the first time
By Shen Hong and Steven Russolillo
April 24, 2018 9:37 a.m. ET
SHANGHAI—Chinese stocks have emerged as the worst performer among major global equity markets this year, with Beijing’s battle against the country’s high debt levels and the threat of a U.S.-China trade war renewing doubts about the outlook for the world’s second-largest economy.
The weakness of Chinese shares is particularly glaring ahead of their planned inclusion in an influential global stock index in June. That move could attract hundreds of billions of dollars from index-tracking funds into the vast but often ill-functioning...
READ MORE: https://www.wsj.com/articles/china-stocks-lag-global-rivals-as-debt-crackdown-and-trade-war-loom-1524577062
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