MSCI China Index faces rocky path amid COVID lockdowns
Yahoo Finance's Rachelle Akuffo discusses the chart of the day showing the MSCI China index under pressure as protests push back against lockdowns.
Video Transcript
RACHELLE AKUFFO: All right, well, for today's Chart of the Day, we're taking a look at the MSCI China Index. Now this chart from Bloomberg shows the performance versus the global index is now right back where it was before China's economy took off. That was around 2008. Now the index stayed elevated for years and is now back to pre-boom levels. Now that's as China's zero-COVID policy continues to weigh on investors.