Chinese lockdowns take toll on stocks with big China exposure

Woodside and Shiseido suffer more than rivals less reliant on Asia's top economy

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Workers in protective suits ride electric scooters during the lockdown in Shanghai, which is set to be lifted in June. © Reuters

MANAMI OGAWA, Nikkei staff writer

TOKYO -- From energy to consumer stocks, shares in big global companies that depend heavily on China have lost ground as coronavirus lockdowns stall economic activity there.

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