Asia-Pacific Markets Respond Positively to China's Stance

In a significant development, Asia-Pacific markets experienced a notable uptick on Tuesday. This surge came after China's firm declaration to "fight to the end" in response to renewed tariff threats by US President Donald Trump. The announcement has injected a wave of optimism across the region, with major indexes showing impressive gains.

Market Performance Highlights

Japan's Nikkei 225 led the charge with a remarkable 5.20% increase by 7:09 am CET. Not far behind, South Korea's Kospi added 0.26%, while Hong Kong's Hang Seng climbed 1.32%. Mainland China also saw positive movements, with the Shanghai Composite up by 0.68% and the Shenzhen Composite rising 0.19%. Australia's S&P/ASX 200 wasn't left out, advancing by 1.90%.

Meanwhile, the currency market witnessed the dollar dipping 0.10% against the Japanese yen, trading at 147.6760 at the same time.

Strategic Moves and Countermeasures

Amid these developments, Japan appointed Ryosei Akazawa as its top US trade negotiator, signaling a proactive approach to the ongoing trade tensions. Reports from Beijing suggest that China is not standing idle either, with preparations underway to unveil countermeasures against Trump's tariff threats, further bolstering regional sentiment.