Asian shares fall on doubts over US-China trade deal

Asian shares fall on doubts over US-China trade deal

SINGAPORE (AP) — Asian markets tumbled Friday on fears that the U.S. and China may not be as close to a trade deal as President Donald Trump had suggested. Selling was also fueled by worries about the global economy ahead of Chinese trade data.

The Shanghai Composite index gave up 2.9 percent to 3,016.22 and Hong Kong’s Hang Seng lost 1.4 percent to 28,391.57
The Kospi in South Korea fell 1.0 percent to 2,144.36 and Australia’s S&P/ASX 200 eased 0.9 percent to 6,210.80.

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