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Shanghai Stocks Slip as Sino-U.S. Trade Deal Prospects Dampened


Wednesday, 4 December 2019 14:56 WIB

SahamChina Indeks CSI


c_740_198_16777215_00_images_assets_CHINA_0Chinastocks.jpg

Shanghai stocks ended lower on Wednesday, as hopes of a quick initial trade deal were dented following U.S. President Donald Trump’s remarks, but a series of recent upbeat data and surveys pointing to pick-ups in the Chinese economy helped check losses.

The blue-chip CSI300 index was unchanged at 3,849.82, while the Shanghai Composite Index closed down 0.2% at 2,878.12.

U.S. President Donald Trump’s comments that a trade deal with China might have to wait until late 2020 raised fresh doubts on when the dispute might end, while a U.S. House bill targeting camps for Muslims in Xinjiang drew Beijing’s ire.

Source : Reuters


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