China stocks decline

Posted by 7Star Thursday, March 12, 2009

Chinas stock market fell on Wednesday, underperforming regional markets, in response to much weaker-than-expected Chinese export data and concern about high valuations for shares. The Shanghai Composite Index, which had rebounded 1.88 percent on Tuesday, slid 0.91 percent to close Wednesday at 2,139.025 points, near the days low of 2,133.141.

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