The Pessimist's Take on Asia's Biggest Markets: Taking Stock
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It’s a jittery, sideways trading day for equities across Asia amid yet another bump in the road in ongoing trade talks.
The MSCI Asia Pacific Index lost as much as 0.5 percent, halting a modest three-day winning streak. U.S. negotiators are worried China is pushing back against American demands in the trade talks, according to people familiar with the discussions. Chinese officials meanwhile appear to be concerned they haven’t received assurances from the U.S. that tariffs imposed on exports will be lifted.