The latest estimates of the International Monetary Fund (IMF) show that China's economic growth may be lower than other developing countries for more than 30 years this year.
According to BloomberAnd the real estate market declines.
IMF's estimation of emerging markets has raised the same range to 3.7%.
Since the announcement of the IMF in 1980, China has only one time in emerging market partners after 1990.
Affected by factors such as China insisting on clearing zero, the stocks are continuously sold
The fifth consecutive trading day of Chinese stocks traded in the United States declined, and the dim prospects of the Chinese economy and the insistence of Beijing's policy on the Qing zero policy made investors lack confidence in Chinese stocks.
According to Bloomberg, the Nasdaq Golden Dragon Index fell 3.4%on Tuesday (October 11), and once fell 5.4%.It fell 15%over the past five trading days and fell to the lowest level since March 15.
Among large technology stocks, Alibaba fell 4.9%on Tuesday, Baidu fell 5.6%, Pinduang fell 4.4%, JD.com fell 2.8%.
The Chinese stocks were at the last low position on March 15 this year.Raise.
Bloomberg reports that official media such as the People's Daily and Xinhua News Agency posted before the opening of the 20th National Congress of the Communist Party of China, saying that "dynamic clearing zero" is sustainable and must be adhered to, which has hit the market's hope of rapid economic recovery growthEssenceThe International Monetary Fund has lowered its expectations of China's economic growth from 4.6%to 4.4%.
At the same time, the weak Golden Week tourism data, the recurrence of the epidemic, and the new restrictions on the export of chip technology in the United States have also hit the popularity of China Stocks.
