BEIJING – Asian stock markets rose Wednesday after President Donald Trump suggested he may veto a $900 billion economic aid plan and the World Bank said it expects China to eke out 2% growth this year and accelerate in 2021.Shanghai, Tokyo, Hong Kong and South Korea advanced in light trading ahead of this week's Christmas holiday.Overnight, Wall Street’s benchmark S&P 500 index lost 0.2% after Trump criticized the aid plan approved by Congress.
He urged lawmakers to raise payments to the public.“Hopes for an unambiguous ‘Santa rally’ have been tragically hijacked,” said Mizuho Bank in a report.Meanwhile, investor nerves were rattled by the emergence of a new coronavirus variant in Britain that spreads more easily.