Higher than expected inflation and lockdowns hit risk sentiment, with the hang seng down almost 2.5%
11 April 2022 - 07:38An employee passes share price information displayed on an electronic ticker board inside the London Stock Exchange Group’s offices in London, the UK. Picture: BLOOMBERG VIA GETTY IMAGES/LUKE MACGREGOR
Chinese producer and consumer inflation figures for March were both higher than expected, with producer inflation climbing above 8%. The world's second-largest economy is also battling with its worst wave of Covid-19 since early 2020, raising concerns about further economic disruption due to the country's zero-tolerance approach.
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