China's Bull Market Suddenly in Peril
- Screenshots of U.S. President’s comments blocked on WeChat
- Trump’s tweets up-ended the market’s historic calm Monday
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A pair of President Donald Trump’s tweets rocked Chinese stocks and currency on Monday, but for most of the nation’s media outlets, nothing happened at all.
More than 14 hours after Trump’s threat to raise tariffs on Chinese goods up-ended global markets, few Chinese news outlets have reported them. From the official Xinhua News Agency to the more market-oriented Caixin and the typically belligerent Global Times, there was little information on what sent the nation’s stocks to their biggest loss since 2016 and caused the sharpest yuan weakening in three years.