China stocks see biggest slump in US since 2008 financial crisis
Shares of Chinese companies listed in the US have seen their biggest two-day fall since the 2008 financial crisis. The Nasdaq Golden Dragon China Index, which follows the 98 biggest US-listed Chinese stocks, has fallen by almost 15% in the last two trading sessions. The index has now plummeted by more than 45% since hitting a record high in February. The slump comes after a series of crackdowns by Beijing on its technology and education industries.
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