Chinese stocks fall sharply in more than three years with Trump threats

Trump surprised the global markets with a Twitter posting on Sunday night, where he announced the raising of US tariffs on the 200 billion USD of Chinese goods

Chinese delegation will go to the US for negotiations.

Chinese investors were surprised by the US President Donald Trump's tariff threats, leading them to sell stocks and to sell the yuan on Monday (6), when the decrease of the trade relations between Beijing and Washington shook the Asian financial markets.

The country's major stock indexes showed their biggest decline in more than three years. The CSI300 index, which includes the largest listed companies in Shanghai and Shenzhen and the Shanghai index, fell more than 5% each, registering its biggest drop in a single day since February of 2016. About one thousand companies collapsed the fullest extent permitted of 10% on the day. The European indexes are also falling between 1% and 2% on this Monday.

Read more in Folha de S. Paulo

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