China's stock market sinks into bear territory as CSI 300 extends 10-week rout

China's stock market suffered another severe downturn as the CSI 300 index extended its multi-week rout, officially crossing into bear-market threshold parameters. The prolonged correction reflects deep-seated concerns regarding domestic economic growth, property sector weakness, and sluggish consumer demand. Policymakers have introduced various targeted stimulus measures, but investors remain skeptical about their immediate efficacy in reversing the downward momentum. Foreign capital outflows have accelerated as international funds reallocate away from mainland equities in search of better risk-adjusted returns elsewhere. Market participants are warning that a sustained recovery will require more aggressive fiscal intervention and structural reform. The ongoing weakness in Chinese equities continues to weigh on broader Asian regional market sentiment.