The Shanghai Composite index closed 1.51% down on 28-29 March and the Shenzhen index fell 2.18% both due to concerns about global growth and US-China trade negotiations. However, trade talks are set to resume in China on 26 March. The trade dispute is the biggest threat to global stability, said David Lipton from the International Monetary Fund, while analysts at China Fortune Securities said foreign investor outlook was continuing to depress China's mainland markets. Meanwhile, Premier Li Keqiang has restated the nation's promise to open up to foreign investment and reassured international businesses that their rights would be protected.
The Shanghai Composite index closed 1.51% down on 26 March and the Shenzhen index fell 2.18% both due to concerns about global growth and US-China trade negotiations. However, trade talks are set to resume in China on 28-29 March. The trade dispute is the biggest threat to global stability, said David Lipton from the International Monetary Fund, while analysts at China Fortune Securities said foreign investor outlook was continuing to depress China's mainland markets. Meanwhile, Premier Li Keqiang has restated the nation's promise to open up to foreign investment and reassured international businesses that their rights would be protected.