The Traderszone Network

Published in TZ Latest News 13 October, 2015 by The TZ Newswire Staff

Asian shares extend losses after China prices cool

Asian shares tottered on Wednesday, extending losses after consumer inflation in China eased more than expected and heightened concerns about deflationary pressures in the world’s second-largest economy. China’s consumer price index (CPI) rose 1.6 percent in September from a year earlier, the National Bureau of Statistics(NBS) said, falling short of expectations of 1.8 percent and down from August’s 2.0 percent.

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