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Asian Stock Market: Bears keep control at two-week low on fears of China’s economic strains

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Asian Stock Market: Bears keep control at two-week low on fears of China’s economic strains – by anilpanchal7 Asia RiskAversion China Japan Equities

gn trade. Adding strength to the risk-off mood could be headlines surrounding Beijing's economic tension with Japan, India and the US, as well as economic strains due to the typhoon Doksuri.

China’s headline Trade Balance improves in July but the details suggest deteriorating Imports and Exports for the said month, suggesting the economic challenges for the Dragon Nation which already suffers from geopolitical woes. That said, India bans drone makers from using Chinese equipment after stopping the imported laptops and computers previously. On the same line, Japan’s Taro Aso, Vice President of the Liberal Democratic Party , flags turbulence surrounding Taiwan.

 

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