Asia shares have decreased with the largest frequency since 2008 due to the fear of the recession

The shares in Asia have dropped, as the most important index in its largest pace has fallen in more than 16 years, and Chinese shares led a deep and wide scale of sale because of the concern of the impact of the trade war on the global economy. The MSCI Asia -Pacific index fell by 7.9%, which is the largest decline since October 2008, and the shares of TSMC, “Tenning” and Sony were one of the biggest losers. Hang Seng index fell by 10.7%, in the worst achievement since the global financial crisis. All markets suffered heavy losses. Trump Egypt demanded his position at his position, President Donald Trump, after the customs announced last week raised a revenge response from China. The biggest concern is that if no measures are taken to calm the situation, world economies can slip into stagnation. “We see sales in all sectors, not just those affected by trade,” according to John Bay Liu, Ten Cap Pty. “I think the right way to look at the matter is that we see a real capital movement coming from the stock market,” she added. The Taiwanese stock index, full of technology companies, has dropped by up to 9.8%, the largest ever, and is on its way to a falling market, after last Thursday and Friday holidays. The most important indicators have dropped by more than 4% in Japan and South Korea. The markets in Indonesia, Thailand and Vietnam were closed due to holidays.