Hong Kong, Nov 29 (AFP/APP): Asian markets fell on Friday as investors wound down for the end of the month, while awaiting news of progress on China-US trade talks but with optimism tainted by the row over Hong Kong. Donald Trump’s decision to sign a bill in support of pro-democracy protesters in the city and back their rights sparked warnings of retaliation from Beijing and fuelled fears for negotiations on a mini trade deal that are in their final straight. However, China has not detailed what its response to the Hong Kong law will be and observers say it is unlikely to do anything to derail a tariffs agreement owing to its weakening economy. “China’s threats to retaliate over the US Hong Kong law will probably remain just that; threats,” said Jeffrey Halley at OANDA. “China has its own issues, especially around corporate debt and regional bank credit quality. It can ill-afford to waste any progress so far. Pragmatism should overcome anger.” Still, the threat of serious measures continues to weigh on sentiment and with US markets closed for the Thanksgiving holiday, there were few catalysts to buy for Asian traders. Hong Kong was the biggest loser, dropping two percent, … Continue reading Asia markets end week with losses as dealers await trade progress