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Chinese shares +1.8% continue to shrug off worries about tight monetary policy and an oil shock....

Chinese shares +1.8% continue to shrug off worries about tight monetary policy and an oil shock. Interestingly, Premier Wen Jiabao's state of the union address made fighting inflation, not economic growth, the government's top priority. China +6% YTD and +12% over the last 6 weeks.
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