Profit Taking Expected For China Stock Market

The China stock market has finished higher in four straight sessions, gathering almost 180 points or 6 percent along the way. The Shanghai Composite Index now rests just above the 3,065-point plateau although it's overdue for consolidation on Friday.

The global forecast for the Asian markets suggests consolidation on concerns for the outlook for interest rates and the global economy. The European and U.S. markets were solidly lower and the Asian bourses are tipped to open in similar fashion.

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by RTTNews Staff Writer

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