Refinitiv Newscasts - Asia Insight: Asian shares muted with Chinese stocks falling amid Taiwan tensions

Foxconn Technology

10/04/2023 09:42

Click the following link to watch video: https://share.newscasts.refinitiv.com/link?entryId=1_06d51qlv&referenceId=1_06d51qlv&pageId=RefinitivNewscasts
Source: Reuters

Description: China's military carried out aerial and naval blockade drills
around Taiwan on Monday, its last scheduled day of exercises, with a Chinese
aircraft carrier joining in combat patrols as Taipei reported another surge of
warplanes near the island. China announced the three days of drills on
Saturday, after Taiwan's President Tsai Ing-wen returned to Taipei following a
meeting in Los Angeles with U.S. House of Representatives Speaker Kevin
McCarthy. Chinese shares have fallen on those heightened geopolitical tensions
around the Taiwan Strait. Across the rest of Asia, shares have inched higher,
on hopes the global economy could hold up in the face of high inflation and
interest rates.
Short Link: https://refini.tv/3ZXylBP

Video Transcript:

Verified transcript not available