China shares fall for 3rd day on economy doubts

Chinese shares fell for a third straight session Friday on doubts over the economic outlook, giving the Shanghai benchmark its first weekly decline in a month.

The Shanghai Composite Index shed 13.02 points, or 0.5 percent, to 2,597.6, ending the week down 1.8 percent. The Shenzhen Composite Index for China's second exchange slipped 0.2 percent to 876.58.

Prices fell in the absence of any positive cues for the market, analysts said.

"Investors are hesitant as they haven't seen any clear improvement in economic fundamentals," said Wen Lijun, an analyst for Nanjing Securities.

Energy shares fell on lower crude prices …