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Asian Markets Trade Lower After China Trade Data
14 Ocak 2019 Pazartesi 09:18

Asian Markets Trade Lower After China Trade Data

Asian markets traded with losses on Monday as China released its trade figures.

Asian markets traded with losses on Monday as China released its trade figures. According to official data, the country's trade surplus with the United States grew 17 percent in 2018 compared to the previous year, rising to its highest point since 2006 and reaching 323.3 billion dollars. Meanwhile, its overall trade surplus fell to its lowest point since 2013 and amounted to 351.7 billion dollars. Exports increased 9.9 percent in 2018 while imports grew 15.8 percent.

China's Shanghai Composite fell by 0.56 percent, Shenzhen Composite fell by 0.77 percent, Hong Kong's Hang Seng fell by 1.57 percent, South Korean Kospi Composite fell by 0.69 percent, Australia's S&P/ASX 200 fell by 0.48 percent.

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