Investors Lose $1 Trillion in China’s Wild Week of Market Shocks
- A blow-by-blow account on trading desks from Shanghai to NYC
- ‘There were moments where you just think -- Oh my God!’
Photographer: Isaac Lawrence/AFP/Getty Images
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It began with a record crash in Chinese stocks on Wall Street and only got crazier from there.
The nearly $1 trillion selloff ignited by Beijing’s shock ban on profits at tutoring companies has triggered a new round of soul searching about the investment case for Chinese assets in the Xi Jinping era.