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
China. Tech heavy indices -40% ytd. pic.twitter.com/8LIVXHLzu5
— J Pierpont Morgan (@pierpont_morgan) October 18, 2018
China stocks plunge amid heavy selling in the energy sector and growing worries about the economy