Asia-Pacific stocks slide ahead of China's benchmark lending rate release

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Japan stocks set for declines; China's benchmark lending rate ahead

Investors will continue to track the spread of the omicron Covid variant, with the World Health Organization recently warning that case numbers are doubling in 1.5 to 3 days in areas with community spread.

SINGAPORE — Shares in Asia-Pacific declined in Monday morning trade, with China set to announce its latest benchmark lending rate later in the day.

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