Possible rates hike hits equities
By Irene Shen and Zhang Shidong | China Daily | Updated: 2011-03-30 07:51
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An investor at a brokerage in Shanghai. The Shanghai Composite Index lost 0.87 percent to close at 2958.08 on Tuesday. A Kai / for China Daily |
SHANGHAI - Stocks on the Chinese mainland fell on Tuesday, dragging the benchmark index down for the first time in three days. The retreat came as investors speculated that the government will raise borrowing costs to cool inflation.
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