Asian stocks slipped to 14-month lows on Wednesday, as investor confidence was chilled by the latest round of verbal threats in an intensifying U.S.-China trade conflict.
MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.3 percent, plumbing its lowest levels since July 2017.
Hong Kong's Hang Seng (HSI) fell 0.5 percent and the Shanghai Composite Index (SSEC) dropped 0.3 percent.
Tokyo's Nikkei (N225) declined 0.4 percent and Australian stocks gave up 0.1 percent, while South Korea's KOSPI shed 0.2 percent.
The mood was dimmed by the verbal sparring between Washington and Beijing as the months-long escalation in trade tensions between the world's two biggest economies took their toll on riskier assets.
China told the World Trade Organization (WTO) on Tuesday it wanted to impose $7 billion a year in sanctions on the United States in retaliation for Washington's non-compliance with a ruling in a dispute over U.S. dumping duties.
MSCI's broadest index of Asia-Pacific shares outside Japan lost 0.3 percent, plumbing its lowest levels since July 2017.
Hong Kong's Hang Seng (HSI) fell 0.5 percent and the Shanghai Composite Index (SSEC) dropped 0.3 percent.
Tokyo's Nikkei (N225) declined 0.4 percent and Australian stocks gave up 0.1 percent, while South Korea's KOSPI shed 0.2 percent.
The mood was dimmed by the verbal sparring between Washington and Beijing as the months-long escalation in trade tensions between the world's two biggest economies took their toll on riskier assets.
China told the World Trade Organization (WTO) on Tuesday it wanted to impose $7 billion a year in sanctions on the United States in retaliation for Washington's non-compliance with a ruling in a dispute over U.S. dumping duties.