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European Shares Seen Tad Lower On China Growth Concerns

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us
rttnewslogo20mar2024

European stocks are seen opening lower on Monday as Beijing reaffirmed its zero-COVID-policy and the country's trade data fell short of expectations, raising concerns about slowing economic growth.

Chinese health authorities have said the country will continue to follow the flagship "zero-COVID" policy despite growing backlash over stringent coronavirus measures.

Apple said that customers will now experience longer wait times to receive their new products after officials locked down a district home to Foxconn's iPhone factory - the world's largest - on 2 November for seven days.

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