Is China already in a recession?
About half of Chinese equity sectors have lost over 40% of their value in the last year.
Just like 2015, the PBOC should soon come to the rescue making another yuan devaluation inevitable; but this time it should be much worse. pic.twitter.com/ED2AaMGu8V
— Otavio (Tavi) Costa (@TaviCosta) October 18, 2018
https://twitter.com/pierpont_morgan/status/1052880157424476160
China stocks plunge amid heavy selling in the energy sector and growing worries about the economy