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### Market Selloff Deepens in Asia Over Concerns About China’s Economy
The stock selloff in Asia deepened as fresh data raised concerns about China’s economy and investors curbed wagers on Federal Reserve interest rate cuts. The situation has led to significant losses in key stock indexes and has also impacted other global markets.

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### Concerns Over China’s Economic Growth and Housing Slump
Hong Kong shares led the declines, with the Hang Seng Index tanking nearly 4%, while the CSI 300 mainland Chinese benchmark also fell 1.6%. This decline comes after official figures showed that while China reached its 2023 economic goal, the country’s housing slump has worsened and domestic demand remained listless.

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### Weaker Tone in Asia and Global Market Impacts
A regional gauge dropped 1.7%, with Japanese equities reversing earlier gains. US and European stock futures also slid further, while short-dated Treasury yields and the dollar edged up. The broader risk-off tone and geopolitical tensions have also affected oil prices and the greenback.

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AI legalese decoder can analyze the legal implications of global market impacts and geopolitical tensions. It can help legal professionals assess the potential legal risks arising from market fluctuations and navigate complex international legal frameworks.

### Key Events and Market Movements
The article also outlines key events and market movements, providing a comprehensive overview of the current economic landscape.

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AI legalese decoder can assist in scrutinizing legal implications related to key events and market movements. By examining legal contracts and agreements tied to these events, it can provide valuable insights for legal professionals and businesses amidst market uncertainty.

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