News Formal

Asian stocks drift higher as CPI test approaches; China dips on US tariffs

  • 📰 Investingcom
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 53%

United States News News

United States United States Latest News,United States United States Headlines

Asian stocks drift higher as CPI test approaches; China dips on US tariffs

Investing.com-- Most Asian stocks rose slightly on Wednesday ahead of key U.S. consumer inflation data, while Chinese markets lagged their peers after the Biden administration slapped the country with higher tariffs on several key industries.

The move drew ire from Chinese authorities, and sowed fears of retaliatory measures from the world’s second-largest economy. The increased tariffs further soured sentiment towards Chinese markets, after another major default in the country’s property market pointed to more headwinds from the sector.

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:

 /  🏆 450. in US
 

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

United States United States Latest News, United States United States Headlines

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

Asian stocks skittish amid mixed China cues; earnings, US CPI awaitedAsian stocks skittish amid mixed China cues; earnings, US CPI awaited
Source: Investingcom - 🏆 450. / 53 Read more »

Asian stocks sink amid China headwinds; earnings, US CPI awaitedAsian stocks sink amid China headwinds; earnings, US CPI awaited
Source: Investingcom - 🏆 450. / 53 Read more »