twitter account: This shows that Chinese investors are becoming more confident, as they found that the trade war didn't affect the nation's economy as much as they had anticipated, according to Global Times China. Investors in the US, on the other hand, have started to feel panicky about the negative impact of the dispute, which they didn't care too much about in the beginning, experts said. Photo IC US President Donald Trump's tariff hike announcements for China, often made on his personal Twitter account, are gradually losing their impact on A shares as the Chinese mainland capital markets have grown increasingly immune to news about the trade spat, while such news often causes quite a storm on US stock markets. The Shanghai Composite Index fell 1.17 percent on Monday while the Shenzhen Component Index was down 0.98 percent. He also said the US would raise tariffs on 300 billion worth of Chinese products effective from September 1 from 10 percent to 15 percent. The two markets fell following Trump's tweet on Friday US time that the US government will raise tariffs on 250 billion of Chinese goods to 30 percent from 25 percent starting on October 1.
(news.financializer.com). As
reported in the news.
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