REUTERS
- Barely six months into a broadening Sino-U.S. trade war, Shanghai's stock market has lost about 20 percent.
- In stark contrast, the technology heavy U.S. Nasdaq index is one of the world's biggest gainers, up about 15.5 percent.
- And the war may have only just begun. Trump has said he is prepared to tax the entire roughly $500 billion of Chinese products that the United States imports annually.
- Meanwhile, US markets have soared. Investors unsure about the trade war seem to think US technology stocks are insulated from any fallout.
- China's currency is also down.
SHANGHAI (Reuters) - It's barely six months into a broadening Sino-U.S. trade war, and the fallout has already driven China's stock markets into the same league as debilitated emerging markets such as Turkey, Argentina and Venezuela.
With around a 20 percent loss so far in 2018, Shanghai's stock market <.SSEC> has joined the crisis-hit trio among the world's four worst performers. In stark contrast, the technology heavy U.S. Nasdaq index <.IXIC> is one of the world's biggest gainers, up about 15.5 percent.
See the rest of the story at Business Insider
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