The China stock market has moved lower in two straight sessions, declining almost 40 points or 1.3 percent along the way. The Shanghai Composite Index now sits just above the 3,200-point plateau and it's likely to open under pressure again on Friday.
The global forecast for the Asian markets is broadly negative on growing concerns about the outlook for interest rates. The European and U.S. markets were down and the Asian markets figure to open in similar fashion.
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