China's stock indexes fell on Monday amid low investor expectations that the meeting between US and Chinese negotiators in Shanghai will end the tariff war and concerns about an economic slowdown.
The CSI300 index, which brings together the largest companies listed in Shanghai and Shenzhen, ended with a drop of 0.11%, while the Shanghai index fell 0.12%.
China's industrial profits have been declining since the second half of 2018 as the economy slows and the trade dispute with the US intensifies, with many companies postponing business decisions and reducing investment.
Trade negotiators from the United States and China will head to Shanghai this week for the first in-person talks since last month's truce, but expectations for progress are low.
Post: Marina Carvejani
Author: Reuters
Source: agrolink
