A shocking start to the year for China’s financial markets has resulted in the rest of Asia faring little better.
Worldwide interest in China’s markets and economy is shining a spotlight on the region’s other markets as investors and analysts test links with mainland assets that in some cases are new and developing.
Until recently, Asian markets tended to track closely the lead provided by Wall Street, even as local economies increased exposure to their vast neighbour. Now fears about China are weakening US stocks, and further weighing on Asia itself.
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