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China's Blue-Chips End Lower After Weak Export Data


Monday, 9 December 2019 14:53 WIB

SahamChinaCSI 300Shanghai composite


c_740_198_16777215_00_images_assets_CHINA_6SILO-CHINASTOCKS-052217-adobe.jpg

China's blue-chip stocks closed lower on Monday after latest trade data highlighted persistent headwinds for the country's manufacturers amid a prolonged Sino-U.S. trade war.

The blue-chip CSI300 index fell 0.2% to 3,895.45, while the Shanghai Composite Index added 0.1%to 2,914.48.

China's exports in November shrank for the fourth consecutive month, underscoring the pressure on manufacturers from the tariff war with the United States, but growth in imports may be a sign that Beijing's stimulus steps are helping to stoke demand.

Source : Reuters


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