Asian shares fall as closure of China consulate sparks US-Sino tension

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Asian shares fall as closure of China consulate sparks US-Sino tension
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President Donald Trump has warned of more closures and Beijing is said to be mulling retaliation

Chinese markets. Picture: AFP/FRED DUFOUR

“The biggest near-term risk to me … is Trump going further and breaking on the phase one deal,” he said. “It’s rare that you see both monetary and fiscal policy turned on, and then when they are they only turn on for a little bit.”

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