Asian shares mostly flat, Japan hurt by Sino-U.S. tensions
China warned on Monday of instability in international markets from any “decoupling” of China and the United States following the reports, noting a U.S. Treasury response that said there were no immediate plans to block Chinese listings.
“It’s a strategy that we have seen in the past - keeping the pressure very high and then settling for whatever deal is possible,” he said. Also supporting the mood in Asia was economic data from China on Monday that showed sustained weakness in exports but a surprising improvement in domestic consumption indicators.
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