What sparked the sell-off on global markets? | The Business

There's been a $50 billion sell off on the Australian sharemarket and markets in Asia have also been weighed down by the growing realisation interest rate cuts may be some way off. Subscribe: ab.co/1svxLVE
The sell-off accelerated after China released a slew of economic data painting a mixed picture.
JP Morgan Private Bank Global Market Strategist Julia Wang says the data reveals that while investment is driving economic growth, demand remains weak, and the economy will face stronger headwinds in the second half of the year.
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