Asian markets retreat as China pledges fail to spark excitement

Chinese leaders have pledged to boost consumption and provide support for the troubled property sector.
Photo: STR / AFP
Source: AFP

Asian markets fell Friday as China’s latest vows to boost the beleaguered economy failed to stir much excitement, while traders looked ahead to a key Federal Reserve policy meeting next week.

A tepid week was on course for a damp finish, with Wall Street offering a negative lead after fresh data pointing to a pick-up in inflation.

Hong Kong and Shanghai…

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