China's stock markets have lost $550 billion in the last week as investors doubt the economy's rebound
Chinese stocks have sold off recently despite better-than-expected economic data, as investors lose optimism in a further rebound.
In the past week alone, the Shanghai and Shenzhen stock exchanges have lost about $519 billion in market capitalization, while companies listed on the Nasdaq Golden Dragon index shed $31 billion,That came as first-quarter data showed China's economy expanded 4.
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