Panic Selling Grips Chinese Stocks in Biggest Plunge Since 2008 https://t.co/GdjcoCzDj6 pic.twitter.com/2UBvhzbK28
— Jesse Felder (@jessefelder) March 14, 2022
Remember this early 2020 description of how COVID cases happen in a country … case, case, cluster, cluster, BOOM!
And remember, China's official policy is still zero COVID.
Whiter the supply chain.@MishGEA @ErikSTownsend @chrismartenson @ttmygh @EpsilonTheory pic.twitter.com/B3tzPnxhbP
— Jim Bianco (@biancoresearch) March 14, 2022
How serious is this lockdown in China? Ask their stock market.
*NASDAQ GOLDEN DRAGON CHINA INDEX EXTENDS DROP TO 13%
(Biggest decline ever).And since the CCP cracking down on companies in Feb 21, Chinese ADRs in the US have lost three-quarters of their value. pic.twitter.com/m6llJA5n5l
— Jim Bianco (@biancoresearch) March 14, 2022