U.S. lawmakers considering ban on Chinese battery makers, causing China stocks to decline

From XM Group: 2024-06-07 00:54:26

China stocks fell as U.S. lawmakers sought to ban Chinese battery makers linked to Ford and Volkswagen from exporting to the U.S. Meanwhile, Asian markets rose ahead of a key U.S. jobs report. China’s exports grew 7.6% in May, offering relief to the economy. Shanghai Composite down 0.23%.CATL shares fell 6.8%.



Read more at XM Group: China stocks fall on fears of US action against battery makers