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Markets buoyed by China economic data as clouds remain over trade talks

Donald Trump’s backing of Hong Kong protesters is said to have stalled negotiations as fresh tariffs loom

Stronger than expected Chinese economic data has given stock markets a bounce despite continued concern about whether Washington and Beijing can clinch a trade deal in the coming weeks.

The legislation signed by Donald Trump last week backing Hong Kong’s protest movement has “stalled” the negotiations, according to US sources close to the months-long talks quoted by the website Axios on Monday.

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