Chinese stocks subdued; analysts highlight gaps in two sides' accounts
U.S. President Donald Trump and Chinese President Xi Jinping had a long-awaited phone call, but differing accounts of the conversation suggest that uncertainties remain, particularly when it comes to export controls. (Nikkei montage/Source photos by Reuters)
SHANGHAI -- Chinese stocks were mostly flat on Friday morning after Chinese President Xi Jinping and U.S. leader Donald Trump agreed to hold a new round of trade talks, as concerns persist over export controls and risks of flaring tensions.
The CSI 300 Index, a benchmark of blue-chip stocks listed on mainland exchanges, opened marginally higher. Hong Kong's Hang Seng Index gained 0.1% at the opening before swinging into negative territory. U.S. shares fell on Thursday.
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