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China`s Stocks, Yuan Slide as Beijing, Washington Step Up Trade Threats, Rhetoric


Monday, 6 August 2018 15:10 WIB

SahamChinaIndeks Shanghai CompositeCSI 300 Blue-Chip


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China's stocks stumbled on Monday as Beijing's and Washington's fresh tariff threats and an unusually personal attack by state media on the U.S. president showed the trade war between the two major powers intensifying.

The Shanghai Composite index and the blue-chip CSI300 index both closed 1.3 percent lower on Monday, having erased earlier gains.

The yuan also weakened despite central bank efforts to shore up the tumbling currency following its longest weekly losing streak on record.

Source : Reuters


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