Hong Kong (CNN Business)The recent turbulence in US stock markets pales in comparison with China’s dismal 2018.
While the Dow and other major US indexes have plunged in recent weeks, the sell-off in China started much earlier and has been uglier.
The benchmark Shanghai Composite slumped into a bear market — a 20% fall from a recent high — in June. And things have gone further downhill since then. Hong Kong’s Hang Seng, which is packed with big Chinese companies, followed Shanghai into bear territory in September.
