The Mainland China equity market closed down on Thursday, 12 April 2018, as investors were concerned about the rising tensions in the Middle East following the threat of imminent U. S. military action in Syria. Adding to the pressure was the lingering concern over the trade spat between China and the United States. China's commerce ministry said on Thursday trade negotiations with the United States would be impossible as Washington's attempts at dialogue were not sincere, and vowed to retaliate should U.
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