Shanghai Lower News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Oil prices in the United States are skyrocketing. Half a million barrels of American oil flow into China ...

That's scary. we're saying that it now becomes a norm, which it shouldn't be. >> reporter: david mckenzie, cnn, capetown, south africa. let's get a check at cnn business, looking at markets around the world, to start the new week. you can see hong kong and shanghai lower. a delegation canceled a visit to u.s. farms. in the united states, dow futures are down by triple digits. investors had expected a cooling of u.s./china trade tensions, as the two sides gear up for talks. but the change in the trip damperened hopes for negotiations. wework board wants adam k w

There. and some unexpected trade date from china dragged the shanghai lower, it shrank about 1.5%. let me give you a little detail on that because china surprised analysts by reporting a trade deficit of $7.3 billion in february. quite a dramatic change from back in october, for example, we were looking at a trade surplus of more than $27 billion for china. well last month, the country's imports soared to $104 billion but exports rose slightly. that actually left china with the first trade deficits since march 10. experts say it was due to the lunar holiday when china's output falling dramatic...