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1.Market Observations, 8.Was Sticky

9 Oct 2018 (AFR) – China stocks fall as hostile Trump overshadows looser bank lending

(9 October 2018, AFR, p11, by: Michael Smith, Sarah Turner)

‘Shanghai/Sydney | China’s stockmarket fell 3.7 per cent on Monday after the country returned from a week-long break to growing fears about rising US hostilities, and the long-term effect of a trade war on the world’s second-largest economy. A move by Beijing over the weekend to inject more liquidity into the banking system failed to comfort investors worried about the potential for US President Donald Trump’s anti-China rhetoric to widen beyond a trade spat into a cold war.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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