This post was originally published on this site
https://i-invdn-com.akamaized.net/news/LYNXNPEC0B0BR_M.jpgInvesting.com – Asian markets traded mostly in the green in morning trade on Friday, but Chinese stocks slipped even after U.S. President Donald Trump said the first day of Sino-U.S. trade talks were “very, very good.”
Trump added that he plans to meet with Chinese Vice Premier Liu He later in the day.
“We just completed a negotiation with China, we’re doing very well, we’re having another one tomorrow. I’m meeting with the vice premier over at the White House, and I think it’s going really well,” Trump said Thursday. “We’re going to see them tomorrow, right here, and it’s going very, very well.”
It was previously reported that the Chinese negotiating team might leave Washington earlier than planned due to worsening relationship with the U.S. Earlier this week, the U.S. blacklisted eight Chinese technology firms.
But things were looking more optimistic yesterday after some reports suggested that China is open to a partial trade deal and even offer to purchase more U.S.-made agricultural products.
Despite the positive trade news today, China’s slipped 0.1% by 10:45 PM ET (02:45 GMT), while the SZSE Component was down 0.4%.
Other Asian markets rose. Hong Kong’s gained 0.7%, while Japan’s and South Korea’s both traded 1.0% higher.
Down under, Australia’s climbed 0.8%.
Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.