Inflation Fears Sink Chinese Shares
Few stock markets this year have seen a greater reversal of fortune than China's. In June, 2007, retail investors were flocking to China's equity markets in search of triple-digit returns. Fast-forward to today and the CSI Index, the benchmark that measures the 300 most important listed companies on the Shanghai and Shenzhen exchanges, is down 39.9% so far this year.
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