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Chinese shares open 0.73% higher
(Xinhua)
Updated: 2008-12-03 11:42 Chinese shares opened 0.73 percent higher on Wednesday in reaction to a Wall Street rally overnight. The benchmark Shanghai Composite Index, which covers both A and B shares, rose 0.73 percent to 1,903.43 at the opening. The smaller Shenzhen index was up 0.56 percent, to open at 6,833.86 points. U.S. Treasury Secretary Henry Paulson will lead a high-level delegation to Beijing on Thursday to discuss a range of economic issues, including the ongoing financial crisis that has dragged the U.S. economy into recession and lowered China's economic growth as well. (For more biz stories, please visit Industries)
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