JPMorgan ditches its buy recommendation for China stocks due to a looming 'Tariff War 2.0'
Briefly

JPMorgan Chase & Co. has downgraded its recommendation for Chinese stocks amid heightened volatility and growth challenges, suggesting other emerging markets for investment instead.
The potential for another trade war could cause significant negative impacts on China's economy, with analysts projecting a structural decline in long-term growth due to multiple adverse factors.
Analysts note that many firms are reassessing their stance on China's stock market, emphasizing that increasing tension between Washington and Beijing could lead to broader exclusion of Chinese investments.
Driven by concerns over China's economic outlook, investors are increasingly turning to alternative emerging markets, resulting in a significant rise in new equity funds that exclude China.
Read at Fortune Asia
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