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The Independent UK

National

Via AP news wire

Asian shares sink as China says 1Q growth at 4.8%

China Asia Ukraine World Bank

Copyright 2022 The Associated Press. All rights reserved.

Shares were lower in Asia after China reported Monday that its economy expanded at a 4.8% annual pace in January-March.

Benchmarks fell in Tokyo, Seoul and Shanghai. Hong Kong and Sydney were closed for holidays. Oil prices rose and U.S. futures were lower.

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