Upbeat data lifts China shares but trade nerves persist

Optimism about a US-China trade deal waned after a Beijing official said he had not heard of any recent telephone call between the two sides.

BENGALURU: A rally in Chinese equities steadied the emerging market stocks index on Tuesday after three sessions of losses, although most currencies softened as investors remained wary of a further escalation in the U.S.-China trade dispute.

MSCI's index of developing world stocks edged 0.15% higher as Shanghai-listed shares jumped more than 1% after data showed China's industrial firms returned to growth in July.