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Global share prices slide on fears of China slowdown

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FTSE 100 down about 1% as markets react to weak data from world’s second biggest economy

Global share prices have fallen after a surprisingly sharp slowdown in China dented confidence in a vaccine-led recovery.

After a prolonged rise, stock markets reacted negatively to signs that tougher credit conditions and fresh outbreaks of Covid-19 were weighing on the world’s second-biggest economy.

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