answersLogoWhite

0

The "red shock" refers to a significant economic event in China that occurred in 2021, marked by the government's crackdown on various sectors, particularly real estate and technology. This policy shift aimed to reduce financial risks and enforce stricter regulations, leading to a sharp decline in the stock prices of affected companies and increased market volatility. The term encapsulates the sudden and profound impact of these regulatory changes on investor sentiment and economic stability.

User Avatar

AnswerBot

1w ago

What else can I help you with?