An investor at a brokerage in Shanghai on May 6, 2019. Contrary to global conventions, China’s stock markets represent losses and declines in green, and uses red to represent gains and advances. Photo: REUTERS

Stock markets in China and Hong Kong awash in losses as Trump’s surprise tweet rekindles concerns of escalating trade war

  • Stock indexes slumped after US President Trump’s surprise move rekindled concerns the trade war would escalate with just a week before its final resolution
  • China’s stock market woes spilled over to Asian markets, sinking stock indexes from Taipei to Sydney
Topic |   A-shares

TOP PICKS

An investor at a brokerage in Shanghai on May 6, 2019. Contrary to global conventions, China’s stock markets represent losses and declines in green, and uses red to represent gains and advances. Photo: REUTERS
READ FULL ARTICLE
US President Donald Trump tweeted on Sunday that the trade deal was advancing too slowly. Photo: Reuters

In abrupt move, Donald Trump says 10 per cent China tariffs will rise to 25 per cent on Friday

  • Trump announced the move on Twitter, suggesting he was not satisfied with the pace of negotiations
  • Chinese President Xi Jinping’s top trade envoy, Liu He, returns to Washington this week for what could be a closing round of trade talks
Topic |   US-China trade war

TOP PICKS

US President Donald Trump tweeted on Sunday that the trade deal was advancing too slowly. Photo: Reuters
READ FULL ARTICLE