13 Oct 2025 | 5 Mins Read
Chinese stocks plummet amid growing trade tensions
Flipitmoney
Chinese equities slumped 2.4-2.7% as investors worried about a revived US-China trade war. The setback follows a sharp rally, led by tech giants Alibaba and Tencent, which had more than doubled this year. Despite a strong yuan fixing, investors are cautious about the country's investability. A lasting deterioration could imperil China's stock market, which rose 30% this year.