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Thread: High CPI triggers a record low in stock market
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[quote=YVONNE,274780]According to NBS (China National Bureau of Statistics), CPI in Febuary has increased 8.7 percent, a new high in history. Influenced by this, shares in Shenzhen and Shanghai Stock Exchanges dropped sharply. The Shanghai Composite Index once was close to 4000 points, a record low in history. The statistics reveals that the Shanghai Composite Index dropped 0.67 percent and Shenzhen Composite Index declined 2.06 percent.[/quote]
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