European markets set for lower open as US-China tensions dent sentiment

  • 📰 CNBC
  • ⏱ Reading Time:
  • 27 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 72%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

European markets set for lower open as U.S.-China tensions dent sentiment

Tensions between the world's two largest economies have flared on multiple fronts in recent days. China is poised to impose afollowing months of anti-government protests, raising further questions about Beijing's control over the city and likely evoking the ire of the U.S. and other Western powers which supported pro-democracy protesters.g index plunging more than 5%.

Already engaged in a blame game over the coronavirus pandemic, discord between Washington and Beijing has spilled over into financial markets this week after thethat could restrict Chinese companies from listing on American exchanges unless they abide by U.S. regulatory and audit standards. A Chinese government official said Thursday that Beijing will not flinch in the face of any escalation of tensions with the U.S., but stressed that economic recovery and cooperation should be the priority, according to Reuters.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

LOWER Open. But may not be likewise at close. Watch the dilemma in the markets today.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Asia stocks set to trade lower as U.S.-China tensions riseInvestors will watch for developments from China's National People's Congress, with the first plenary session set to kick off at around 9:00 a.m. HK/SIN. Is that why Rice University President David Leebron looks like a colorized ghost? LOLOLOL FakeNews Is it makes lower prices the products from China?
Source: CNBC - 🏆 12. / 72 Read more »

Neither Coronavirus Nor Trade Tensions Can Stop U.S. Companies’ Push Into ChinaRelations between the U.S. and China are at their lowest point in decades, and the Covid-19 pandemic has rattled consumers the world over. U.S. companies and brands are doubling down on China anyway. 30% import tax on China's products will take US companies back from China
Source: WSJ - 🏆 98. / 63 Read more »

Here comes the US crackdown on China stocksChinese stocks are the latest flashpoint in an intensifying standoff between the US and China. In recent days, US lawmakers, government agencies and stock exchanges have taken steps aimed at limiting Beijing's access to America's vast capital markets. Love it. Go away China. Dont just go away, go away mad. LOL! Our stock markets do not need YOU, but you need our stock markets. Our markets should ONLY be open to companies that trade fairly, disclose all financial data, and are not agents of a communist government. China has fucked you up already what kind of steps abi? traditional cnn news 😄
Source: CNN - 🏆 4. / 95 Read more »