Asian markets mostly moved lower on Wednesday as renewed worries about the Fed's actions drained the euphoria that followed upbeat economic data from China. Sentiment remained muted ahead of the release of the Fed's Beige Book, which would provide glimpses into the economic landscape in the U.S.
China's Shanghai Composite Index dropped 0.7 percent to 3,370.13. The day's trading ranged between 3,364.64 and 3,394.96. The Shenzhen Component Index also declined 0.8 percent to close at 11,760.27.
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