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Chinese shares plummet as Li signals economic pressures

Chinese stocks slumped, spearheaded by technology shares, as Premier Li Keqiang waved downward pressures on the economy.

Li said China is contending with several struggles and it will cultivate supply-side structural revamps to ensure growth lies within acceptable range. Officials are attempting to revitalize the Chinese economy despite uncertainties.

The Shanghai Composite Index closed at 3,014.21, down 0.7%. Beijing Shiji Information Technology Co. led the plunge for tech stocks. Zhejiang Dahua Technology Co. lost 4.3%, while ZTE Corp. slipped 2.3%.

The material has been provided by InstaForex Company – www.instaforex.com

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Chinese shares plummet as Li signals economic pressures Reviewed by on . Chinese stocks slumped, spearheaded by technology shares, as Premier Li Keqiang waved downward pressures on the economy.Li said China is contending with several Chinese stocks slumped, spearheaded by technology shares, as Premier Li Keqiang waved downward pressures on the economy.Li said China is contending with several Rating:
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