China stocks closed down on Friday after a report that US lawmakers pushed to ban Chinese battery firms with ties to Ford and Volkswagen from exporting to the United States.

10.06.2024

The decline came even as data showed growth in China’s exports for a second month in May and at a faster pace.

In contrast, global stocks hovered at a record high after the European Central Bank cut interest rates for the first time in five years and traders waited on crucial...