Asian Markets Mixed After Biden Unveils Stimulus Plan

Asian Markets Mixed After Biden Unveils Stimulus Plan

RTTNews

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Asian stock markets are mixed on Friday after U.S. President-elect Joe Biden revealed details of a $1.9 trillion stimulus proposal, called the American Rescue Plan, to support American households and businesses amid the pandemic. Worries about rising U.S.-China tensions weighed on the markets after the Trump administration placed Chinese smartphone maker Xiaomi on a blacklist of companies.

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