Chinese stocks fell to a 3.5 year low as industrial profits declined and hopes of aggressive monetary policy easing waned.
Despite policymaker’s saying growth is a priority and a slowdown in the economy that is still raising concerns of a hard landing, it looks like there’s no massive stimulus coming and that rate cuts are also off the table for the moment.
Produced by Daniel Goodman
Business Insider Emails & Alerts
Site highlights each day to your inbox.