Chinese markets suffer a dismal start to the year

A s Chinese markets came crashing down at the start of 2025, a joke circulated among investors: “What is the most valuable asset in the market? ” The answer, they replied with a chuckle, was “retail investors”. China’s stockmarkets are dominated by amateurs. They buy high and sell low, helping the professionals eke out a living. They also seem to be in endless supply, no matter how much money is lost. “They get cut down like leeks but grow right back,” goes a popular saying.

Production slowdowns, more imports and pricier housing could follow

A new book by Byrne Hobart and Tobias Huber argues there are advantages to financial mania

He will face challenges from both America firsters and conservative mainstreamers

Shareholders are over the moon; bondholders are readying the whip hand

Policymakers at home and abroad are anxious about offshoring

India’s most consequential finance minister, who later became PM, has died aged 92

Donald Trump believes Mexico is a trojan horse for Chinese mercantilism

It has China’s neighbours on edge

But its state-heavy innovation model comes with risks

A struggling economy, rising social tensions and Donald Trump will test China’s leader

Policymakers at home and abroad are anxious about offshoring

America is on the hunt for these non-traditional agents. But its efforts risk backfiring

https://www.economist.com/finance-and-economics/2025/01/07/chinese-markets-suffer-a-dismal-start-to-the-year

A source: www.economist.com/finance-and-economics/2025/01/07/chinese-markets-suffer-a-dismal-start-to-the-year