China Stocks fall as Syria strike fears weigh
Capital MarketThe Mainland China equity market closed down on Thursday, 12 April 2018, as investors were concerned about the rising tensions in the Middle East following the threat of imminent U.S. military action in Syria. Adding to the pressure was the lingering concern over the trade spat between China and the United States. China's commerce ministry said on Thursday trade negotiations with the United States would be impossible as Washington's attempts at dialogue were not sincere, and vowed to retaliate should U.S. President Donald Trump escalate current tensions. At the close, the Shanghai Composite index was down 0.6% at 3,188.97, while China's blue-chip CSI300 index slipped 0.67% to 3,911.93.
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