China shares stumble as oil slips back below $30 a barrel

January 26, 2016 1:31 PM

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China shares stumble as oil slips back below $30 a barrel

Chinese shares fell on Tuesday after oil prices dropped again, reviving concerns about global growth and prompting a sell-off in global equities.

The benchmark Shanghai Composite Index was down 2.7 percent in afternoon trade, while the CSI300 index of the largest listed companies in Shanghai and Shenzhen fell 2.2 percent.

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