China_stock market

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rough
china’s stock market had a rough 2023
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(adj) not smooth
rout
The rout has accelerated in the first few weeks of the new year
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(n) the situation in which somebody is defeated easily and completely in a battle or competition
dash somebody’s hope
the situation of Chinese stock market has been accelerated after Beijing dashed hopes that it might do more to support the struggling economy.
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to destroy somebody’s hopes by making what they were hoping for impossible
tank
The indexes have tanked 4.8% and 7.7% respectively in the first trading days of 2024.
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(verb) to decrease suddenly.
strain
A bubble popped as the economy showed signs of strain and share prices got way ahead of company profits.
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(noun) pressure - căng thẳng
undermine
A real estate crisis, the slowest growth in decades, and a crackdown on some businesses have all combined to undermine investor confidence.
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(verb) to make something, especially somebody’s confidence weaker gradually.
turmoil
The Chinese government has not yet introduced effective measures to resolve the property turmoil.
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(noun) a state of uncertainty = unrest
quell
China’s population is getting older and smaller hasn’t helped quell investors’anxieties.
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(verb) to stop or reduce strong or unpleasant feelings
sagging
China’s sovereign wealth fund has bought shares to support the country’s sagging stock market.
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(adj) sinking or becoming weaker
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