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Chinese shares open lower on concern about Feb economic data

(Xinhua)
Updated: 2009-03-10 10:05

Chinese equities fell 1.02 percent Tuesday on concern about the February consumer inflation data, which, due to come out the same day, would exacerbate the deflation pressure and impede economic growth, analysts said.

The benchmark Shanghai Composite Index dropped 1.02 percent to 2,097.14. The Shenzhen Component Index was down 1.47 percent,to 7,829.97.