Global shares hit seven-week lows as virus fears savage China's markets
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LONDON (Reuters) - World shares sank to their lowest in seven weeks on Monday, dragged down by a plunge in Asian stocks on their first trading day after a long break on fears the coronavirus epidemic would hit demand in China.Aiming to head off any panic, the Chinese government took steps to shore up an economy hit by travel curbs and business shut-downs because of the virus.Despite the support, Chinese shares were deep in the red, with the blue-chip index stumbling 7.8% to a 4-1/2 month..