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The Independent UK
The Independent UK
National
Alastair Jamieson

Shares plunge as fears grow over impact of China’s draconian Covid lockdown

Getty Images

Stock markets fell across the world on Monday amid fears that China’s growing Covid lockdown could cause a global slowdown in supplies and economic growth.

About £40bn was wiped off the value of shares on the FTSE 100, which fell 1.9 per cent, as looming restrictions in Beijing sparked panic-buying.

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