Asian markets drop amid rising US-China tensions ...News

Russia Today - Economy
Asian markets drop amid rising US-China tensions
source : Russia Today ( News ) () 24
Beijing has warned against a visit to Taiwan by US House of Representatives Speaker Nancy Pelosi Stock markets in Asia slid on Tuesday over rising tensions between Beijing and Washington ahead of an expected visit to Taiwan by US House of Representatives Speaker Nancy Pelosi. Pelosi would be the highest-ranking elected US official to visit the island, which China considers a part of its sovereign territory, in more than 25 years. Beijing warned of “serious consequences” if the trip goes ahead. The escalation sent the Chinese stock markets tumbling, with the Shanghai Composite and Hong Kong’s Hang Seng Index fallin

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