"China's Economic Troubles Weigh on Asian Stocks Ahead of Fed Minutes"

Most Asian stocks declined due to weak economic data and concerns of a renewed trade war between China and the U.S. Chinese stocks were the worst performers, with the Shanghai and Shenzhen indexes falling. China's service sector grew less than expected in June, raising concerns about a slowing economic recovery. The weak data, coupled with China blocking the export of chipmaking materials to the U.S., escalated trade conflict fears. Additionally, Asian markets were cautious ahead of the release of the Federal Reserve's minutes, which are expected to provide insight into interest rate hike plans.