Monday, 01 June 2020
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China stocks flat amid trade deal uncertainty

China stocks closed flat on Tuesday as investors exercised cautions amid doubts over whether Beijing and Washington could strike a durable deal.

The blue-chip CSI300 index was unchanged at 3,937.17 points, while the Shanghai Composite Index was flat at 3,043.94 points.

U.S. President Donald Trump said on Monday that trade talks with China were under way and any deal would need to be somewhat tilted in favour of the United States.

Trump and Chinese President Xi Jinping agreed in a meeting on Saturday at a G20 summit in Japan to restart trade talks after the last major round of negotiations collapsed in May.

Source : Reuters

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