Hong Kong (CNN Business)China stock markets declined Monday after a Chinese delegation reportedly canceled a scheduled visit to US farms, fueling pessimism about the prospect of a trade truce between the world’s two largest economies.
China’s Shanghai Composite Index (SHCOMP) fell 1.4%. Hong Kong’s Hang Seng Index (HSI) dropped 0.9%.
A Chinese trade delegation abruptly canceled a visit on Friday to US farms in Montana, cutting short their US trip, according to Reuters. The trip was to prepare for further negotiations between senior officials next month.
