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Chinese Stocks Post Record 10-Week Losing Streak Despite 4.5% GDP Growth
Published Source: BeInCryptoRead original
Crypto Insight Summary: Chinese stocks have closed lower for 10 straight weeks. That is the longest losing streak in the history of the country’s main benchmarks, according to Barchart data. The selloff is hitting even as the economy grows 4.5%, a split that economists and investors are watching closely. Why the Chinese Stock Selloff Keeps Deepening A losing Crypto Insight Analysis: Direction: Bearish BTC / Bearish ETH Impact: Minor Impact Horizon: Short-term (1-3 days) Reasoning: China's stock market downturn signals economic uncertainty, prompting risk-off sentiment in crypto.