China markets decline as Covid cases hit all provinces, factory output continues to shrink

Chinese markets declined on Wednesday as global investors continue to deal with the aftermath of Federal Reserve chair Jerome Powell’s hawkish speech at Jackson Hole last week, and the alarming spread of Covid in China.Chinese markets declined on Wednesday as global investors continue to deal with the aftermath of Federal Reserve chair Jerome Powell’s hawkish speech at Jackson Hole last week, and the alarming spread of Covid in China.