Foreign investors ditch China shares as economic outlook darkens

Longer-term pessimism persists, Bank of America survey shows

20230817 China stock

Foreign investors are growing gloomy about China's economic prospects, with troubles in the real estate market and weak economic data sapping their appetite for Chinese shares. © EPA/Jiji

ECHO WONG, Nikkei staff writer

HONG KONG -- A sluggish economic recovery and fading hopes for effective stimulus from the government have led foreign investors to dump Chinese stocks.

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