Chinese economy: China’s rapid regulatory actions spooked investors. Here’s why it can slow down your economy
Synopsis
Stakeholders in the affected industries say the changes were not communicated in advance, leading to severe turbulence in the market. The intensive deployment targeting different sectors made it difficult for the market to absorb the changes. Many investors felt that the government had a relatively hostile attitude towards private companies.
Vincent ChanThe factors that have had the biggest impact on the Chinese stock market this year have little to do with the economy, the Covid-19 pandemic or US sanctions, but mainly point to a series of new regulations. They include policies to regulate internet platform companies and the education sector, as well as energy conservation and carbon reduction policies that have contributed to electricity shortages in some regions. They also include
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