confirmed to reporters that he planned to discuss the issue of punitive tariffs imposed on China during former President Donald Trump's administration with Treasury Secretary Janet Yellen once he returns to Washington.The comments raised optimism over the potential for an easing of tensions between the world's two biggest economies, but not all were convinced.
Japan's benchmark Nikkei 225 declined 0.5% to 26,863.33. Australia's S&P/ASX 200 added 0.1% to 7,155.90. South Korea's Kospi sank 0.9% to 2,625.78. Hong Kong's Hang Seng shed 1.4% to 20,180.92, while the Shanghai Composite declined 0.4% to 3,133.72. “What we’re seeing today is traders and investors coming in and taking advantage of the lower levels,” she said. “This is the tug-of-war in the market between those saying the market has become attractively valued, versus those who are saying ‘not really,’ because it's not factoring in much slower growth.”
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