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China stocks close down amid trade uncertainty


Wednesday, 11 September 2019 14:54 WIB

SahamChinaIndeks Shanghai CompositeCSI 300


c_740_198_16777215_00_images_assets_CHINA_4China-economy.jpg

China stocks ended down on Wednesday, after a senior White House adviser played down expectations of fresh trade talks, while the market reacted coolly to a largely symbolic pledge to further liberalise the country's financial markets.

The blue-chip CSI300 index fell 0.7%, to 3,930.10, while the Shanghai Composite Index lost 0.4% to 3,008.81 points.

Caution remained amid lingering uncertainties over potential trade negotiations between China and the United States.

A senior White House adviser damped down expectations on Tuesday for the next rounds of U.S.-China trade talks, urging investors, businesses and the public to be patient about resolving the two-year trade dispute between the world’s two largest economies.

Source : Reuters


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