Chinese shares in particular are under the hammer.
The NDRC announced plans to broaden the scope of home appliance trade-ins that qualify for subsidies. This failed to provide support for equities. Couple that with remarks from China's MOFCOM expressing criticism over the latest U.S. restrictions on Chinese companies and the result is a very soft Shanghai Composite and other indexes.
This article was written by Eamonn Sheridan at www.forexlive.com.Hence then, the article about chinese equities tumble as regulators announce new trade in subsidies was published today ( ) and is available on forex live ( Middle East ) The editorial team at PressBee has edited and verified it, and it may have been modified, fully republished, or quoted. You can read and follow the updates of this news or article from its original source.
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