From Bloomberg via MSN, January 10:
Chinese shares fell, pushing a closely watched benchmark toward a bear market, as geopolitical tensions simmer ahead of Donald Trump’s inauguration.
The MSCI China Index dropped as much as 1.1% on Friday, taking its decline from an Oct. 7 close to around 20%. The CSI 300 Index of onshore Chinese shares was down 0.9% and has lost nearly 5% in the new year.
prolong China’s economic slowdown. The US blacklisted Tencent Holdings Ltd. and Contemporary Amperex Technology Co. this week for alleged links to the Chinese military, while the Biden administration is mulling another round of curbs on the export of artificial intelligence chips. The moves have rekindled fears that tensions will only worsen under incoming President Trump....
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