China and the United States are locked in an ongoing trade war as each country has introduced tariffs on goods traded with the other. Uncertainty regarding the impact and outcome has rattled investors. As of 10/7/18, the Shanghai Composite had declined over 17% year-to-date.
A Business Insider article reports that JPMorgan has downgraded their outlook for Chinese stocks to neutral from overweight. This opinion is predicated on their estimate of the impact of these tariffs on overall China GDP.
"China sectors such as energy, IT and industrials will be most impacted based on our analysis,