US Fed pointed at as China’s stock markets close in the red


China stocks closed lower on Tuesday as expectations of quicker U.S. Federal Reserve interest rate hikes and domestic COVID-19 outbreaks weighed on sentiment, with defence and information technology stocks leading the decline.

The blue-chip CSI300 index fell 1.0percent to 4,797.77, while the Shanghai Composite Index lost 0.7percent to 3,567.44.

Some of Wall...