The Australian share market has opened lower as local investors worried about comments out of China that its government is less committed to strong growth. The benchmark S&P/ASX200 index was down 30.6 points, or 0.64 per cent, at 4,772, while the broader All Ordinaries index was down 27.6 points, or 0.58 per cent, at 4,747.8. The market loss follows similar-sized losses on Wall Street on Friday night. Comments from China’s president Xi Jinping over the weekend have concerned some investors about the rate of economic growth in the world’s second largest economy. He said the country would not sacrifice environment and social development to ensure short-term growth. IG market...
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