China’s equity markets bearish as Washington holds on to aggressive stand

13.04.2021

China stocks ended lower on Friday to post a weekly loss, as robust inflation data raised investor concerns over policy tightening, while Sino-U.S. tensions also weighed on the market.

The blue-chip CSI300 index fell 1.5% to 5,035.34, while the Shanghai Composite Index eased 0.9% to 3,450.68.

For the week, CSI300 dropped 2.4%,...