China PM's remarks deflate most Asian markets

HONG KONG: Asian markets mostly fell on Thursday after Chinese Premier Li Keqiang said the world's second-largest economy was, in some ways, worse off now than during the early days of the coronavirus pandemic.

Li's comments dealt a blow to confidence from the start and overshadowed a positive lead from Wall Street, which was fueled by the release of minutes indicating a less hawkish stand from the Federal Reserve (Fed).