Chinese stocks have outpaced their American counterparts in recent weeks, credited to increased optimism in the country's tech sector and tariff-related volatility in the United States. Since the day before President Donald Trump's inauguration, the CSI 300 Index, which tracks the top stocks on the Shanghai and Shenzhen stock exchanges, has risen 5.2 percent. The MSCI China Index, composed of Chinese equities across share classes, has risen nearly 28 percent over the same period, while the Hong Kong-based Hang Seng Index has gained 26 percent.
Meanwhile, major U.S. indexes have continued to struggle. Before markets opened on Wednesday, the S&P 500 was down 6.3 percent, the Dow Jones Industrial Average 4.4 percent, and the Nasdaq composite 10.8 percent since January 17.
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