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Global stocks fall amid fears of new Covid lockdowns in China

FTSE 100 drops by 141 points to 7380.5, its lowest close in more than five weeks

Global stock markets fell sharply on Monday as fears of new lockdowns in China added to concerns over the health of the world economy.

China’s benchmark share index posted its biggest one-day tumble since February 2020, after Beijing’s biggest district began mass testing for Covid-19 because of a rise in infections in the capital.

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Read the original article at The Guardian

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