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China shares drop on virus resurgence fears, deepening factory…

BEIJING/SHANGHAI, May 12(Reuters) - Chinese shares dropped on Tuesday on fears about a second wave of coronavirus infections and as a sharp drop in the country's factory prices underscored the economic impact of the pandemic. ** At the midday break, the Shanghai Composite index was down 0.59% at 2,877.71 points. ** China's blue-chip CSI300 index was down 0.49%, erasing earlier gains, with its financial sector sub-index lower by 0.79%, the…

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