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China shares open 1.3% lower
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Chinese shares opened almost 1.3 percent lower on Wednesday on worries over a slowing economy and tracking the sell-off on Wall Street.

The benchmark Shanghai Composite Index, which covers both A and B shares, slid 23.17 points, or 1.26 percent, to 1,820.44.

The index dropped 1.66 percent on Tuesday, ending Monday's short-lived rally boosted by the 4 trillion yuan (US$570 billion) economic stimulus package unveiled on Sunday.

Overnight the Dow Jones Industrial Average slipped 176.58 points, or 1.99 percent, to 8,693.96.

(Xinhua News Agency November 12, 2008)
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