Investors rest on a chair in front of screens showing stock market movements at a securities company in Beijing on May 14, 2019. Wang Zhao/AFP/Getty Images
China’s stock market indices have been continuously dropping during the past week.
Although the Chinese regime issued licenses to state-run mobile carriers to roll out 5G that same day, telecom stocks dropped by 5.3 percent, the most out of all Chinese sectors on the exchanges.
Nicole Hao is a Washington-based reporter focused on China-related topics. Before joining the Epoch Media Group in July 2009, she worked as a global product manager for a railway business in Paris, France.