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Asian shares mixed as China-US trade talks drag on

SeattlePI.com Monday, 11 March 2019
BANGKOK (AP) — Shares were mixed in Asia on Monday as investors awaited further developments in trade talks between the U.S. and China. Major benchmarks were mostly higher, with the Shanghai Composite up 1.2 percent to 3,006.19 and the Hang Seng in Hong Kong gaining 0.7 percent to 28,433.78. Weaker than expected Chinese loan and money supply data raised expectations of further action to spur the slowing economy. The 885.8 billion yuan ($132 billion) in new loans in February was below forecasts and much lower than the 3.23 trillion yuan in new lending in January. Elsewhere in Asia, Japan's Nikkei 225 index added 0.5 percent to 21,134.83 and the S&P ASX 200 in Australia slipped 0.4 percent to 6,176.30. South Korea's Kospi lost 0.
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News video: Asia's export surge

Asia's export surge 02:35

The FT's Jennifer Hughes on whether the boom in Asian trade is sustainable Asian exports have surged this year, but according to the FT's Jennifer Hughes, this has more to do with higher prices than rising volumes while China's role as an end destination rather than a supply chain-link also points to...

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