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India COVID-19 Crisis No Big Impact on China Markets: Journal

CHINA PRESS
MNI (Sydney)

The worsening COVID-19 outbreak in India and the panicked reaction on global markets will have a limited spillover effect on China's financial markets as investors had previously shifted to safer assets in response to the recent weakness of the dollar index and fears of a U.S. stock market correction, the China Securities Journal reported. Chinese producers of pharmaceutical ingredients may benefit from India's shortage, it said.

MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com
MNI Sydney Bureau | +61-405-322-399 | lachlan.colquhoun.ext@marketnews.com

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