China stocks fall on COVID worries, U.S. inflation ...Middle East

China stocks closed down on Monday, as COVID-19 uncertainties sparked worries of fresh outbreaks and lockdowns, while high-flying U.S. inflation raised concerns that the Federal Reserve will continue to tighten policy and cause a sharp slowdown. The blue-chip CSI300 index fell 1.2% to 4,189.35, while the Shanghai Composite Index lost 0.9% to 3,255.55 points.

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