Chinese stocks have wiped out all of their gains since the nation reopened its economy.
Investors are fretting over the slew of economic headwinds Beijing currently faces.
That's even lower than when Chinese stocks troughed last October, right before the nation announced it would start to dial back its strict lockdown measures.
Over the past week alone, foreign investors dumped a net 24 billion yuan, or $3.3 billion, of onshore Chinese stocks, the most since mid-August, according to Bloomberg.
Still, experts are warning of a grim future ahead of China as it battles a slew of economic headwinds.
Persons:
—, Ruchir Sharma
Organizations:
CSI, Service, Bloomberg
Locations:
Beijing, China, Israel, Hong, Kong