Emerging Market Stocks Enter Bear Market
The window of a restaurant in Cuzco, Peru, on July 30, 2015.
Photographer: Dado Galdieri/BloombergThis article is for subscribers only.
Emerging-market stocks entered a bear market and currencies slid on concern China will curtail imports after the biggest slide in the yuan in two decades.
The selloff took the MSCI Emerging Markets Index’s decline from a peak last September to 20 percent, the threshold for a bear market.