Shanghai Composite closes down 0.93% at 2,922 points (Il Sole 24 Ore Radiocor) - Shanghai , 08 Jul - Chinese shares closed lower for a fourth straight session, underperforming their Asian peers on persistent concerns over a trade war with the European Union.

Beijing threatened to retaliate against the EU's imposition of additional tariffs on the imports of electric vehicles.

Concerns over increased tensions with Taiwan also weighed, following reports last week that China had seized a Taiwanese fishing trawler operating near the Chinese coast.

Recent data pointing to an uneven economic recovery in the country also continued to keep sentiment in check.

Investors awaited China's inflation figures due on Wednesday for further clues on the state of the country's economic recovery.

Traders also look forward to a meeting of China's political leaders from July 15 to 18 known as the Third Plenum, amid expectations that important economic measures could be announced during the event.

The Shanghai Composite closed down 0.93% at 2,922 points, while the Shenzhen CSI 300 fell 0.43% to 3,431 points.

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(RADIOCOR) 08-07-24 11:08:05 (0257) 5 NNNN