Investor doubts about China deepen stock rout

Investor doubts about China deepen stock rout

A major Chinese stock market benchmark fell to its lowest level in more than four years, signaling deep pessimism among the country’s global and domestic investors.

The CSI 300 index, made up of shares of the most valuable companies listed in Shanghai or Shenzhen, fell 1% on Monday to a closing level last seen in February 2019. This is a fourth day consecutive decline for the benchmark index, which has lost more than 10% this year.

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With a penchant for words, Eleon Smith began writing at an early age. As editor-in-chief of his high school newspaper, he honed his skills telling impactful stories. Smith went on to study journalism at Columbia University, where he graduated top of his class. After interning at the New York Times, Smith landed a role as a news writer. Over the past decade, he has covered major events like presidential elections and natural disasters. His ability to craft compelling narratives that capture the human experience has earned him acclaim. Though writing is his passion, Eleon also enjoys hiking, cooking and reading historical fiction in his free time. With an eye for detail and knack for storytelling, he continues making his mark at the forefront of journalism.
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