Trump’s imminent return to the White House is throwing Chinese markets into turmoil
China’s economy got off to a tricky start this year. With Donald Trump already wielding the tariff scythe, the Chinese yuan has fallen to its worst price against the U.S. dollar in 16 months; add to this new holes in the Asian giant’s stock market, after a roller coaster end to 2024 — a meteoric rise, followed by a frenzy of buying and selling triggered by Beijing’s official stimulus announcements and rumors about possible measures to invigorate the economy.
