China Markets Tank As Protests Erupt Over COVID Lockdowns

Menzie Chinn
By Menzie Chinn of Econbrowser
Professor of Public Affairs and Economics at the University of Wisconsin •

China’s major stock indices and its currency have opened sharply lower Monday, as widespread protests against the country’s stringent Covid-19 restrictions over the weekend roiled investor sentiment.

China’s major stock indices and its currency have opened sharply lower Monday, as widespread protests against the country’s stringent COVID-19 restrictions over the weekend roiled investor sentiment.

Unsplash

Here are data over the past week for China and HK stock markets and the CNY:

 

The Hong Kong market also tanked.

 

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