Chinese state media outlets are calling on investors not to panic after financia...
FILE PHOTO - Investors sit in front of a board showing stock information at a brokerage house on the first day of trade in China since the Lunar New Year, in Hangzhou, Zhejiang province, China February 3, 2020. China Daily via REUTERS
An op-ed published on Tuesday in the state-backed Securities Times called the drop “normal” and compared it to similar market slumps after the outbreak of the SARS virus nearly 20 years ago and the Sept. 11, 2001 terror attacks on the United States. “Such events are usually only a short-term interruption ... and do not have a lasting economic impact,” the op-ed said.
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