China shares follow Asian bourses lower as oil rally peters

January 21, 2016 6:09 AM

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China shares follow Asian bourses lower as oil rally peters

SHANGHAI China's fragile stock markets turned lower on Thursday afternoon as oil prices gave up the day's rally and other Asian markets went into reverse.

With tumbling oil prices indicative of slowing global growth, in which China is playing a central role, the benchmark Shanghai Composite Index was down 1.1 percent in the early afternoon. That followed a morning session of up and down trade, as the market lived up to a reputation for volatility that...

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