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Asian stocks rebound after Trump avoids reigniting trade war

Jun 01, 2020 - Associated Press

BEIJING (AP) - Asian stock markets rebounded Monday after President Donald Trump avoided reigniting a trade war with China amid tension over Hong Kong and the coronavirus pandemic.

Hong Kong's benchmark gained more than 3% and Shanghai and Tokyo rose more than 1%.

Global markets sank Friday as investors waited for Trump's response to Beijing's security law on Hong Kong. In the end, Trump ended Hong Kong's special trade status and suspended visas of some Chinese students but avoided p...