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  Business   Market  03 Aug 2018  China loses spot as world's number 2 stock market: report

China loses spot as world's number 2 stock market: report

AFP
Published : Aug 3, 2018, 9:34 am IST
Updated : Aug 3, 2018, 9:34 am IST

The figures showed Chinese stocks were worth USD 6.09 trillion, compared with USD 6.17 trillion in Japan.

China's stock market has been overtaken as the world's second-biggest by Japan's, having been swiped this year by the threat of a trade war with the United States.
 China's stock market has been overtaken as the world's second-biggest by Japan's, having been swiped this year by the threat of a trade war with the United States.

Shanghai: China's stock market has been overtaken as the world's second-biggest by Japan's, having been swiped this year by the threat of a trade war with the United States and slowing economic growth.

Data from Bloomberg News in intra-day trade showed the value of equities on the mainland had slipped behind those in their neighbouring country for the first time since taking the number-two spot in 2014.

The figures showed Chinese stocks were worth USD 6.09 trillion, compared with USD 6.17 trillion in Japan.

Tags: stock market, china, trade war