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China Fears Drag Asian Stocks Lower

Asian stocks finished mostly lower on Wednesday amidst fresh concerns over economic growth in China as well as the renewed Covid curbs in the region. The fears added to the concerns of tight monetary policy emanating from the U.S.

China's Shanghai Composite Index dropped 25.08 points or 0.8 percent to finish at 3,202.14. The day's trading ranged between 3,184.39 and 3,232.02. The Shenzhen Component Index lost 1.3 percent to close at 11,815.79.

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by RTTNews Staff Writer

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