Chinese Stocks Plunge as Investors Flee - Erase 41⁄2 Years of Gains
- Chinese stocks have erased 41⁄2 years of gains as foreign investors flee at record pace
- China's CSI 300 index fell to lowest level since Feb 2019, down 15% in 2023
- Investors spooked by reports of tax raids on Apple supplier Foxconn
- Chinese yuan has weakened sharply against US dollar since start of 2023
- Foreign investors have pulled $18B+ from Chinese stocks so far in 2022
